What it is
Alcohol made by fermenting crops, chiefly maize in the United States and sugar cane in Brazil. Nearly all of the traded volume is blended into petrol.
How it is usually quoted
US dollars per gallon in the United States.
This is the customary unit of the reference market. Other markets for the same commodity may use another unit or currency, and an exchange can change a contract’s terms: its own rulebook is the authority.
Where the reference contract trades
CME (Chicago Board of Trade).
Named for orientation only. Naming an exchange or a market here does not mean that GIO4X gives access to it.
What commonly moves it
- Government rules on how much must be blended into fuel
- The price of maize and of sugar cane
- The price of petrol and how much people drive
- Tariffs and trade policy
These are the things people who follow this market usually watch. They explain how the market works; they do not say what the price will do next.
Where it comes from
The United States and Brazil make most of the world’s fuel ethanol.
The order of producers changes from year to year, so no quantities or shares are given here.
At GIO4X
Ethanol is not offered as a GIO4X instrument. This page is general education about a market that exists elsewhere, and nothing on it means that GIO4X quotes, trades or gives access to it.
The commodities GIO4X does list are Brent crude, gold, natural gas, palladium, platinum, silver and WTI crude.
Words worth knowing
A reference page. Educational information, not investment advice or a recommendation to trade. It gives no price and no forecast.