Ethanol Blog
George Orwel DTN Energy Reporter

Tuesday 04/16/13

Spot Ethanol Prices Lifted by Corn Gains, Tight Supply

Spot ethanol prices rose in early trade Tuesday, rebounding with gains for Chicago Board of Trade corn futures amid speculation Monday's sell-off was overdone, prompting short-covering. Sources said trade volume remained thin in the physical ethanol market, with swaps activity attracting the most attention. Concerns about tight ethanol supply ahead of Wednesday's weekly inventory data also boosted spot ethanol. May delivered New York Harbor barges changed hands at $2.55 gallon, while April barges bid at $2.57 gallon, up 1.0 so far on the day.

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

Posted at 1:39PM CDT 04/16/13 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
April  2015
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
  • 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