Ethanol Blog

Argo, NYH Spot Ethanol Prices Lower on Expected Supply Gain

Spot ethanol prices fell in Chicago and the New York Harbor ahead of data due Wednesday from the Energy Information Administration that's expected to show higher supply for the week-ended Feb. 2, said a trade source.

Prompt delivered ethanol at the Argo terminal in the Chicago market traded at least eight times during the aftermarket window at $1.4175 per gallon for a 1.25-cent loss. Prompt delivered ethanol by barge in New York Harbor was discussed at $1.51 to $1.55 per gallon bid/ask spread for a 1.5-cent loss on the day.

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

(ES/)

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