Ethanol Blog

NYH Cash Ethanol Dips, Argo Flat in Thin Midday Trade

Spot ethanol prices were flat to lower in New York and Chicago after the Energy Information Administration released a mixed report today showing a 1.9% week-on-week drop in total ethanol stocks while demand fell 2.7% week-on-week during the week-ended Sept. 4.

New York Harbor September delivered ethanol was valued at $1.56 per gallon while an October barge traded at $1.535 per gallon, both down 2.0 cents. Today in-tank transfer ethanol at Argo near Chicago was pegged unchanged at $1.47 per gallon.

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

(ES)

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