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Prices drop dramatically as US ethanol stockpiles surge

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Listen: Prices drop dramatically as US ethanol stockpiles surge

In six months, the US ethanol industry has gone from tight supplies and nine-year high prices to a flood of barrels and prices dipping to the lowest levels since 2010. What happened? And which countries will be receiving the US exports as the industry chases arbitrage opportunities? Jordan Godwin, US biofuels editor, talks to Shameek Ghosh, senior pricing analyst, about the recent price trends and what could happen in the next few weeks.

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