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 firstname.lastname@example.org.
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