Ethanol Blog

D6 RIN Prices Soar as Demand Spikes on Ethanol Supply Fears

George Orwel
By  George Orwel , DTN Energy Reporter
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U.S. spot ethanol prices were little changed in thin early trade Monday, while the market for ethanol compliance credits continued to rally, posting daily gains of as much as 9 cents as worries about low ethanol supply stirred demand, a trade source said.

The source expects U.S. data for the week-ended July 12 will likely show a drawdown in domestic supply as seasonal demand trends higher. D6 Renewable Identification Numbers for 2013 traded early at $1.25 and then at $1.28 and $1.29 a short while ago, up 9.0 cents on the day, with 2012 not talked much though a source pegged it at $1.27.

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