Ethanol Blog

Spot ethanol prices fell for the second straight day Thursday, down in Chicago and New York Harbor by 2.75 cents and 1.75 cents, respectively. This was amid a dearth of short-term buying interest after the Energy Information Administration on Wednesday reported domestic production fell less than expected during the week-ended Sept. 15 while blending demand eased.

September delivered supply at Kinder Morgan-operated Argo terminal traded at $1.5525, $1.55 and last at $1.54 per gallon. October barges at the Harbor traded 9.0 cents over Chicago paper at $1.60 per gallon.

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

(ES)

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