Ethanol Blog

Argo, NYH Spot Ethanol Eases on Soft Demand, Output Hike

Ethanol prices traded lower in the New York Harbor and Chicago spot markets on a lack of short-term buying interest and data showing domestic plant production rose to a nine-week high last week.

Prompt ethanol supply at the Argo terminal in the Chicago market traded at $1.59 and $1.58 per gallon, down 3.75 cents. At the New York Harbor, November ethanol barges traded at $1.72 per gallon, down 3.0 cents, and December barges traded at $1.6025 per gallon, down 1.75 cents.

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

(ES)

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