Ethanol Blog
George Orwel DTN Energy Reporter

Friday 06/07/13

West Coast Spot Ethanol Prices Mixed on Hedging Strategies

Spot ethanol prices were talked mixed along the West Coast Friday, with a deal done in Phoenix, Ariz., at $2.87 per gallon, down 3.0 cents, while northern California prompt delivered product was quoted at a $2.87 to $2.91 gallon bid/ask, up 4.5 cents.

"I suspect we are in a temporary reshuffling as interested parties readjust their hedging positions," said a trader. "It's not from excess product, for sure."

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

Posted at 2:54PM CDT 06/07/13 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
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