Ethanol Blog

Spot Ethanol Prices Rally on Corn Futures, Export Demand

George Orwel
By  George Orwel , DTN Energy Reporter
Connect with George:

Spot ethanol prices rallied on Monday on talk of strong export demand and on higher Chicago Board of Trade corn futures, with corn futures up sharply for a second session to a nearly one-month high. A trade source said eight tankers were recently loaded with fuel ethanol for shipment to Brazil.

In-tank transfer ethanol supply at the Argo hub in the Chicago market traded four times at a $1.6325 per gallon, up 3.5 cents on the session, while April barged ethanol at the New York Harbor was assessed at $1.72 per gallon for a 4.0-cent session gain. Along the West Coast, prompt delivered ethanol to northern California was discussed at a $1.82 to $1.86 per gallon bid/ask spread for a gain of 4.0 cents on the session.

George Orwel can be reached at


P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]