Ethanol Market Sees Cautious Optimism for 2024 Despite Late 2022 Slump
• Strong margins, tight inventories buoyed ethanol in 2023; values slid late year
• Persisting logistics issues, tight stock levels observed
• Industry awaits policy support on E15, sustainable aviation fuel
• Ethanol production, demand expected to rise slightly in 2024
• Cautious optimism for ethanol in 2024 with potential policy tailwinds