European ethanol prices hit two-month high as Russia invades Ukraine

The S&P Global Platts European ethanol benchmark touched a two-month high at Eur1,060.25/cubic meter Feb. 24, up 14% from Feb. 23, as the Russian invasion of Ukraine spiked prices across commodity markets. T2 FOB Rotterdam ethanol was assessed at Eur1,060.25/cu m Feb. 24, up Eur132.75, with front-end window dates assessed at Eur1,063.25/cu m above a bid at Eur1,063/cu m. It…