Ethanol Blog

Spot Ethanol Prices Edge Up at Argo, Flat Elsewhere

George Orwel
By  George Orwel , DTN Energy Reporter
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Spot ethanol prices were a tad higher in Chicago, but were flat in other regional hubs during an extremely thin early trade session Monday, as traders were attending an industry conference in Las Vegas.

Ethanol delivered to the Kinder Morgan-operated Argo terminal was pegged at $2.46 to $2.48 gallon bid/ask, up 1 cent on the session, with this week-delivered spot ethanol in Iowa trading at $2.41 per gallon, unchanged on the session. Prices were boosted last week by lower domestic output following recent shutdowns of some ethanol plants.

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

(ES)

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