Spot ethanol prices were shallowly mixed in thin trade on Monday, with Chicago and New York Harbor starting the new trade week with modest losses. Prompt supply fuel ethanol at the Argo terminal in the Chicago market traded at $1.42 per gallon for a loss of 1.0 cent on the session.
In the rail shipment market, ethanol under Rule 11 terms for this week transport was talked at a $1.40 to $1.415 per gallon bid/ask spread, 0.25 cents higher on the session. On the East Coast, October barged ethanol at the New York Harbor was talked at a $1.49 to $1.50 per gallon bid/ask, down 0.5 cent on the session.
George Orwel can be reached at email@example.com
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