Ethanol Blog

Spot ethanol prices traded mixed Monday as traders awaited the weekly report on domestic supply and demand, with higher Chicago Board of Trade corn futures cancelling out lower New York Mercantile Exchange RBOB futures.

Prompt transfer ethanol at Argo was talked at a $1.66 to $1.67 per gallon bid/ask, up 0.25 cents. Chicago ethanol under Rule 11 for this week shipment traded unchanged at $1.67 and $1.675 per gallon. New York Harbor May delivered ethanol barges talked at $1.75 per gallon, up 1.25 cents. This week transfer ethanol in northern California traded at $1.85 per gallon, down 2.0 cents.

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

(ES)

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