Ethanol Blog

Argo, NYH Ethanol Prices Advance on Increased Buying Interest

George Orwel
By  George Orwel , DTN Energy Reporter
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Physical ethanol prices advanced again early Monday on increased buying interest, with gains enhanced by higher corn and gasoline futures.

Today transfer ethanol at the Argo traded at $1.355 per gallon, up 2.0 cents. Chicago ethanol traded on the basis of Rule 11 for this week shipment traded at $1.35 per gallon, up 2.0 cents. April ethanol swaps traded at $1.395 per gallon, up 1.5 cents. Ethanol barges for March shipment to the New York Harbor were discussed at a $1.44 to $1.46 per gallon bid/ask spread, up 1.0 cent on the day.

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

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