Ethanol Blog
Argo, NYH Spot Ethanol Prices Trade Flat Friday
By
George Orwel
Spot ethanol prices traded flat Friday during the aftermarket window for supply at the Argo terminal in the Chicago market, with five deals reportedly concluded at $1.48 and $1.4775 gallon, while February supplied product by barge in the New York Harbor were assessed at $1.58 gallon.
The flat movement in prices follows bullish federal data released at midweek showing a decline in supply and an increase in demand. Trade volume was thin ahead of the weekend break.
George Orwel can be reached at george.orwel@dtn.com.
(CZ)
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