Ethanol Blog

Restart of Ethanol Plants Pressure Spot Prices

After Thursday's rally, spot ethanol traded lower in Chicago and New York during a thinly traded early Friday session amid easing worries about supply after Wisconsin ethanol plants shut down earlier this week resumed operations at midweek. Today in-tank transfer ethanol at the Argo hub near Chicago traded at $1.87 gallon, down 4.0cts, while an ethanol barge for February delivery at the New York Harbor was valued at a $2.13 gallon, down 2.0cts on the day.

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

(CZ)

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