Ethanol Blog

Spot Ethanol Prices Trend Lower as Buying Interest Slows

George Orwel
By  George Orwel , DTN Energy Reporter

Spot ethanol prices lost more ground early Tuesday partly on a lack of buying interest for prompt physical product. Trade volume slowed to a trickle, trade sources said, with most buyers sitting on the sidelines, reluctant to commit themselves ahead of federal data on supply and demand due for release at 10:30 a.m. ET Wednesday.

Prompt Argo ethanol traded at $2.525 gallon while New York Harbor f.o.b. prices traded at $2.65 gallon, down 2.0 cents and 1.5 cents, respectively.

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

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