Ethanol Blog
George Orwel DTN Energy Reporter

Wednesday 09/05/12

Cash Ethanol Prices Slump on Forecast for Rising Supply

Spot ethanol prices moved lower early Wednesday under pressure from a downside push by Chicago Board of Trade corn futures and firming domestic ethanol stockpiles in what is seen as a well-supplied market.

"I think the (ethanol) imports will keep the East Coast well-inventoried," said a broker. "Inventories are going to be unchanged to higher," added another broker in offering his estimate for last week's stock change.

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

Posted at 1:40PM CDT 09/05/12 by George Orwel
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
September  2014
S M T W T F S
   1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30            
Subscribe to Ethanol Blog RSS
Recent Blog Posts