Ethanol Blog

Spot ethanol prices edged higher Tuesday, tracking gains by Chicago Board of Trade corn futures. Trade volume was thin at the start of the trade week after the three-day Labor Day holiday weekend. Bids were higher after a sluggish morning trade.

Prompt ethanol supply at the Argo terminal in the Chicago market traded at $1.56 per gallon, nudging up 0.5 cents on the session. In the rail shipment market, ethanol traded under Rule 11 terms was assessed at $1.56 per gallon, up 1.5 cents on the session. September barged ethanol at the New York Harbor was pegged at $1.64 per gallon, up 1.0 cent.

George Orwel can be reached at george.orwel@dtn.com

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