Ethanol Blog
George Orwel DTN Energy Reporter

Friday 05/17/13

Gulf Coast Ethanol Shipping Costs Rise on a Lack of Railcars

U.S. spot ethanol prices were higher Friday, climbing as tight supply and rising corn prices prompted short covering. A trader said unit trains to the Texas Gulf Coast were unavailable since most were being used either for oil shipping in the Midwest or transportation of ethanol to the East Coast.

As a result, the Chicago-to-Houston price spread expanded from a typical 10.0 cents to a 13.0 cents to 15.0 cents premium over Chicago area prices, reflecting the rising cost of shipping the product. The 13.0 cents spread is for rail transport while the 15.0 cents spread is for trucking.

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

(ES)

Posted at 1:39PM CDT 05/17/13 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 Track Corn Futures Lower
  • 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