Ethanol Blog
George Orwel DTN Energy Reporter

Monday 03/03/14

Improving Shipping Conditions Pressure Spot Ethanol Prices

Spot ethanol prices eased in the New York Harbor while trimming early gains at the Kinder Morgan-operated Argo terminal near Chicago amid talk product deliveries were back to normal this morning, easing supply concerns.

"Railcar prices are down, that's why," said a trader.

Prompt Argo ethanol traded at $2.25 and $2.255 per gallon for a 0.5-cent gain, with a prompt New York Harbor ethanol barge talked at a $3.08 per gallon, down 4.5 cents.

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

(ES)

Posted at 1:38PM CST 03/03/14 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
December  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