Ethanol Blog
George Orwel DTN Energy Reporter

Tuesday 10/08/13

Weaker Blending Economics Weigh on Ethanol Values

A trade source today said he expects U.S. ethanol prices to decline because blending economics are starting to soften. A drop in seasonal demand for gasoline this autumn could also weigh down the market for both gasoline and ethanol.

CME data show November RBOB futures' premium over November ethanol futures fell to a 93cts three-week low today. That downtrend is expected to continue as blending economics progressively weaken. "Blending economics are also not as good as they were before," said a trade source.

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

Posted at 2:26PM CDT 10/08/13 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
July  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 31      
Subscribe to Ethanol Blog RSS
Recent Blog Posts