Ethanol Blog
Rick Kment DTN Analyst

Wednesday 09/04/13

Ethanol Price Spreads Widen

Even with additional pressure in corn prices Wednesday, front-month ethanol prices continue to gain support. September contracts posted a narrow gain of 0.3 cents per gallon, pushing prices to $2.483 a gallon.

Traders continue to focus on short-term needs by producers as trades focus on the potential that the latest bullish run in corn prices could still reduce ethanol production at a time when demand remains stable. Overall demand is expected to slow through the next couple of months following slowing gasoline demand.

But the aggressive wide price spread between September and October contracts is keeping traders active. September contracts are now holding a 58-cent premium to the October contract, which will create additional market volatility through the complex as September contracts move to expiration.

Rick Kment can be reached at rick.kment@telventdtn.com

Posted at 2:58PM CDT 09/04/13 by Rick Kment
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
June  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
  • Energy Pressure Follows Weaker Stock Market
  • Argo, NYH Spot Ethanol Edge Lower With Corn, RBOB Futures
  • DDG Price Decline Slows Amid Sluggish Trade
  • Argo, NYH Spot Ethanol Trade Higher on Corn Futures Rally
  • Spot Ethanol Price Gains Backed by Corn Futures Rally
  • Grains Council Educates Japanese Swine Producers on DDGS
  • Uncertainty Seen in Ethanol Market Direction
  • Spot Ethanol Prices Higher on Falling Ethanol Stocks
  • Corn Rally Draws Ethanol Support
  • Spot Ethanol Prices Track Corn Futures Higher
  • Chinese Trade Disruptions Result in DDG Price Plunge
  • Ethanol Futures Close Week Higher
  • Conference: Aquaculture Must Diversify Feed Ingredients
  • Spot Ethanol Prices Soften on Rising Supply
  • Spot Ethanol Prices Mixed on Weekly EIA Supply Data
  • New York Spot Ethanol Biggest Gainer as Market Rebounds
  • China Rumors Worry DDG Market
  • Ethanol Futures Follow Outside Markets Lower
  • Argo, NYH Spot Ethanol Trade Lower on Rising Production
  • Spot Ethanol Values Pressured by Bearish Federal Data