Ethanol Blog

Spot Ethanol in Chicago, California Lower in Thin Trade

Spot ethanol prices traded lower in Chicago and northern California Tuesday, tracking falling corn futures on the Chicago Board of Trade. Trade volume was thin, a source said.

In cash trade, prompt delivered ethanol at the Argo supply hub in the Chicago market traded at $1.39 per gallon and was talked at a $1.37 to $1.385 bid/ask spread, down 2.0 cents. Chicago ethanol under Rule 11 for this week shipment traded at $1.37 per gallon for a 2.0 cents loss. Northern California this week delivered ethanol traded at $1.53 per gallon, down 5.0 cents.

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

(ES)

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