Ethanol Blog

Argo, NYH Spot Ethanol Tracked Corn Futures Higher

Spot ethanol prices were mixed in Friday trade, with cash product values at the Argo terminal in the Chicago market and in New York Harbor rising by a penny each on the back of higher Chicago Board of Trade corn futures, while Houston and southern California cash prices eased. Prompt Argo ethanol traded four times this afternoon at $1.56 and $1.5625 gallon, with October New York Harbor barged ethanol pegged at $1.61 gallon. Houston barged and rail ethanol was $1.60 gallon, down a penny.

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

(CZ)

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