Ethanol Blog

Spot Ethanol Prices Pressed Lower by RBOB Futures Losses

Physical fuel ethanol for prompt delivery at the Kinder Morgan-operated Argo terminal in the Chicago cash market traded lower early in Tuesday's session, weighed down by a weakening New York Mercantile Exchange June RBOB futures contract.

Prompt Argo ethanol supply traded at $1.44 gallon, down 1.25cts on the session. On the East Coast, May barged fuel ethanol in the New York Harbor was assessed at $1.51 gallon, a penny down on the session.

Trade volume was thin ahead of Wednesday's ethanol supply data from the Energy Information Administration.

George Orwel can be reached at



To comment, please Log In or Join our Community .