Ethanol Blog
George Orwel DTN Energy Reporter

Friday 11/08/13

Tight Supply boosts Spot Ethanol Prices, RINs Weaken

Spot ethanol prices moved higher Monday on concerns about tight product supply while the value for 2013 Renewable Identification Numbers were under pressure. This was after the Environmental Protection Agency proposed Nov. 15 to cut Renewable Fuels Volume Obligation for 2014 and said Monday that production of D6 ethanol Renewable Identification Numbers rose 5.8% to 1.177 billion gallons in October.

"Ethanol production is up, so RIN production is up too," said a trader. "Yeah, the RVO cut didn't help," added another trader.

On Monday, ethanol transfer at Argo was talked 8.5 cents higher at a $2.20 to $2.25 per gallon bid/ask spread while November New York Harbor barged ethanol was seen 1.5 cents higher at a $2.30 to $2.35 per gallon bid/ask spread. 2003 D6 RINs traded 18 cents, down from 27 cents a week ago.

George Orwel can be reached at


Posted at 11:56AM CST 11/08/13 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
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