Ethanol Blog
George Orwel DTN Energy Reporter

Monday 05/13/13

Spot Ethanol Values Rebound on Supply Fears, Corn Gains

U.S. spot ethanol prices posted steep gains early Monday, rebounding from Friday's decline on a technically-driven rally for Chicago Board of Trade corn futures ahead of Tuesday's expiration by the May contract and on bullish supply and demand fundamentals for ethanol.

Old crop supplies remain tight, demand is up while ethanol profit margins are favorable, said Brandon Marshall, an analyst at Northstar Commodity Investment. "Corn is pushing up the ethanol and inventories are still low all over especially east," added another trader.

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

Posted at 1:26PM CDT 05/13/13 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
  • 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
  • DDG Prices Rise Slightly in Slow Week of Trade
  • Ethanol Drawing From Strong Gasoline Demand
  • Grains Council Targets Caribbean Markets
  • Spot Ethanol Prices Mixed in Thin Trade
  • April 1st Buying Frenzy on Supply Reductions
  • Bullish EIA Supply Report Spurs Rally for Ethanol Prices
  • Spot Ethanol Prices Moved Mixed After USDA Report