Ethanol Blog

Argo Spot Ethanol Prices DN, NYH Up in Thin Trade

U.S. spot ethanol prices were discussed mixed in early trade Thursday on conflicting indicators, as lower inventories weighed against a retreat by corn and gasoline prices.

Trade sources said trades were few-and-far between, with most players sitting on the sidelines. Prompt ethanol at the Argo terminal near Chicago was assessed at $2.57 gallon, down 2 cents on the day, while New York Harbor prompt ethanol was pegged at a $2.70 gallon, up 1 cent on the session.

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

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