Ethanol Blog
George Orwel DTN Energy Reporter

Monday 12/30/13

Spot Ethanol Prices Tumble as Traders Take Profits

Spot ethanol prices tumbled in early trade Monday as traders booked profits while expecting federal data would show a rebound in domestic production for last week amid strong producer margins.

"Coverage and hedging is done for the year," said a trader. Ethanol for January barge delivery at the New York Harbor was talked at a $2.35 to $2.37 per gallon bid/ask, down 4.0 cents on the day, while prompt ethanol at the Argo supply hub near Chicago traded at $2.17 gallon for a loss of 9.5 cents. West Coast prices were notionally pegged at $2.55 gallon, down 10.5 cents for the day.

George Orwel can be reached at


Posted at 1:15PM CST 12/30/13 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
  • 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
  • Spring Buying in the Air
  • DDG Prices Rise Slightly in Slow Week of Trade
  • Ethanol Drawing From Strong Gasoline Demand
  • Grains Council Targets Caribbean Markets
  • Spot Ethanol Prices Mixed in Thin Trade
  • April 1st Buying Frenzy on Supply Reductions
  • Bullish EIA Supply Report Spurs Rally for Ethanol Prices
  • Spot Ethanol Prices Moved Mixed After USDA Report