Ethanol Blog

Wednesday 01/16/13

Spot Ethanol Prices Lower on Weekly Stock Build

Spot ethanol prices fell this morning, pressured by data showing an increase in weekly ethanol inventories. U.S. Energy Information Administration detailed a 2.6% build in ethanol supply to 20.4 million bbl last week, though the bearishness of the data was ameliorated by a 5.1% drop in domestic output, an 8.0% jump in demand and a 48% drop in imports.

Ethanol imports fell to 27,000 bpd from 52,000 bpd for the prior week, with 67% of the foreign produced supply received along the West Coast. Trade sources said most of the West Coast imports were low carbon ethanol from Brazil. "Prices are going down," said a trader. "Brazil is spoiling everything and will continue doing that."

George Orwel can be reached at

Posted at 12:08PM CST 01/16/13
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
April  2015
         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
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • An Economic Case for Ethanol
  • Spot Ethanol Gains at Argo, Steady in New York Harbor
  • Grains Council Works to Open Cuban Markets
  • Ethanol Production Sliding Lower
  • Spot Ethanol Advances After Bullish Weekly Supply Report
  • D6 RINs Extend Higher; Spot Ethanol Prices Flat
  • D6 RINs Edge Higher While Spot Ethanol Prices Ease
  • Corn Prices Remain Range Bound
  • DDGS Rise to Highest Level in Five Months
  • Spot Ethanol Prices Weaken Amid Sluggish Demand
  • Gasoline Stocks Change Direction
  • Spot Ethanol Prices Mostly Flat in Lackluster Trade
  • Spring Buying in the Air