Ethanol Blog

Spot Ethanol Prices Mixed in Choppy Early Trade Friday

Spot ethanol prices moved mixed in a choppy pre-weekend session Friday as traders weighed seasonal short-term demand against lower Chicago Board of Trade corn futures. Prompt transfer ethanol at the Argo terminal in the Chicago market traded flat at $1.62 gallon. Chicago ethanol under Rule 11 for this week shipment was pegged 2.0 cents lower at $1.60 to $1.62 gallon bid/ask. Along the East Coast, July New York Harbor ethanol barges valued at $1.68 gallon, down 0.5 cent on the day.

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

(AG)

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