Ethanol Blog
George Orwel DTN Energy Reporter

Wednesday 12/18/13

Rising Ethanol Supplies Press Spot Ethanol Prices Lower

Spot ethanol prices fell in the Chicago and New York trading hubs in early afternoon trade Wednesday after federal data showed U.S. ethanol supplies climbed to a 13-week high while implied demand stayed steady and domestic production remained near a two-year high. December ethanol barge at the New York Harbor was offered at a $2.30 gallon, down 3.0 cents on the session; prompt ethanol at Argo hub near Chicago traded at $2.095 through $2.105 gallon, reflecting a 3.0 cent loss on the day.

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

(ES)

Posted at 12:29PM CST 12/18/13 by George Orwel
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