Ethanol Blog

Argo, NYH Spot Ethanol Prices Down with Corn, RBOB Futures

Spot ethanol prices continued lower in Chicago and New York Harbor markets on ample supply and on the back of lower Chicago Board of Trade corn futures and a trek down by the New York Mercantile Exchange RBOB futures.

In cash ethanol trade, prompt delivered ethanol at the Argo terminal in the Chicago market traded at $1.49 and 41.4875 per gallon, down 0.75 cents on the day. Prompt ethanol supply at the New York Harbor was penciled at $1.58 per gallon, down 1.0 cent.

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

(ES)

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