Ethanol Blog
George Orwel DTN Energy Reporter

Tuesday 09/24/13

Spot Ethanol Prices Plummet on Expected Supply Build

Spot ethanol prices fell sharply in lackluster trade Tuesday amid easing supply concerns, with traders expecting weekly data due out Wednesday to show higher inventories in the United States for the week-ended Sept. 20, boosted by increase in domestic production.

The decline was sharpest at the Kinder Morgan-run Argo hub near Chicago on an easing short squeeze, where prompt ethanol was talked at a $2.22 to $2.26 per gallon bid/ask, down 40 cents on the day. Any-September transport Argo ethanol traded at $2.20 gallon, down 4 cents on the day. October New York Harbor barged ethanol traded early at $2.20 gallon, down 7 cents on the day.

George Orwel can be reached at

Posted at 12:56PM CDT 09/24/13 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
         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