Ethanol Blog
George Orwel DTN Energy Reporter

Tuesday 09/17/13

Argo Spot Ethanol Prices Trade Higher as Supply Tightens

Spot ethanol prices at the Kinder Morgan-operated Argo terminal near Chicago traded sharply higher early Tuesday amid fresh worries about tightening supply.

Ethanol for transfer today and tomorrow at Argo traded at $2.25, $2.30 and $2.35 per gallon, up 13.5 cents on the day.

"We are in the middle of (plant) shutdown season and tomorrow's production numbers should send the market screaming," said a broker, who added that Argo tanks are "empty again."

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

Posted at 1:25PM CDT 09/17/13 by George Orwel
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