Ethanol Blog
George Orwel DTN Energy Reporter

Friday 08/02/13

Spot Ethanol Prices Slump With Corn Futures After Jobs Data

U.S. ethanol spot prices in Chicago and New York eased a penny each Friday as part of the broader selloff in commodities after the nonfarm payroll report for July released Friday morning showed the labor market remains weak, with fewer-than-expected jobs added in July. Still, tight domestic ethanol supplies limited the downside for ethanol prices, said trade sources. Trade volume was thin and most of the discussions centered on swaps rather than physical product, the sources added.

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

Posted at 4:38PM CDT 08/02/13 by George Orwel
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