Ethanol Blog

Spot Ethanol Prices Trade Higher ahead of Weekend Break

Spot ethanol prices were higher in Chicago, New York Harbor and Arizona on Friday as Chicago Board of Trade corn futures ranged higher and the dollar fell to a seven-month low.

In cash trade, prompt ethanol supply at the Argo hub in the Chicago cash market traded at $1.535 and $1.54 per gallon for a 2.25-cent gain.

In the rail transport market, ethanol under Rule 11 terms traded at $1.51 and $1.515 per gallon, up 0.5 cent on the session. June fuel ethanol barges at the New York Harbor valued at $1.605 per gallon for a 0.5-cent gain, with Arizona product trading at $1.41 per gallon, up 3.0 cents on the session.

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

(ES)

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