Ethanol Blog

Chicago, NYH Spot Ethanol Values Jump on Short-Covering

By George Orwel , DTN Energy Reporter

Spot ethanol prices traded higher in Chicago and New York Harbor Friday afternoon, boosted mostly by pre-weekend short-covering and higher corn futures on the Chicago Board of Trade, said a source.

Prompt ethanol supply at the Argo terminal in Chicago traded six times at $1.5675 and $1.57 per gallon, up 2.25 cents on the session. August ethanol barges at the New York Harbor traded at $1.645 per gallon, up 2.5 cents on the session.

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

(ES)

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