Spot ethanol prices traded mixed across the nation's regional hubs on Tuesday with a downside bias in thin trading as the market awaits the latest weekly supply report from the Energy Information Administration scheduled for release midmorning Wednesday.
Prompt delivered ethanol at the Argo terminal in Chicago traded down 0.75 cent, at $1.3575 per gallon, while this week shipment under Rule 11 terms traded up 0.75 cent and to parity with Argo at $1.3575.
An early February barge delivery in the New York Harbor was assessed at $1.48 per gallon for a 1.5-cent loss. This week shipment of under 75 carbon intensity ethanol in northern California was assessed at $1.58 per gallon, down 3.0 cents.
George Orwel can be reached at email@example.com
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