Ethanol Blog
George Orwel DTN Energy Reporter

Wednesday 01/15/14

Bullish EIA Weekly Supply Report Lifts Spot Ethanol Prices

Ethanol spot prices rallied during early afternoon trade Wednesday after new federal data showed U.S. ethanol production tumbled 5.5% to 868,000 bpd last week while demand increased 5.4% to 797,000 bpd.

Today transfer ethanol at Argo hub near Chicago was talked at $2.165 per gallon, up 4.5 cents on the day, while a January New York Harbor ethanol barge was discussed at a $2.35 to $2.42 per gallon bid/ask spread, up 3.5 cents on the day. Prompt delivered ethanol in northern California traded at $2.63 per gallon for a 3.0-cents gain.

Chicago Mercantile Exchange February ethanol futures initially rallied to a two-day high at $1.969 gallon on the data before reversing lower partly because Midwest inventories rose to an 8 1/2-month high at 6.1 million bbl, EIA data showed.

George Orwel can be reached at


Posted at 1:26PM CST 01/15/14 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  2014
      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