Ethanol Blog
George Orwel DTN Energy Reporter

Thursday 04/03/14

Spot Ethanol Prices Plunge Ahead of April Contract Expiry

Spot ethanol prices tumbled amid easing supply concerns and expiry-related trade ahead of the April futures contract expiration Thursday afternoon. The Energy Information Administration reported Wednesday domestic ethanol supply rose last week to a three-week high, with supplies rising in the Midwest and along East Coast, while demand eased from a three-month high.

Prompt delivered ethanol at the Argo supply hub near Chicago was talked at a $2.70 to $2.80 per gallon bid/asks spread, down 65.0 cents. Prompt delivered barge at the New York Harbor traded at $3.15 per gallon, down 30.0 cents.

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

(ES)

Posted at 2:20PM CDT 04/03/14 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
September  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            
Subscribe to Ethanol Blog RSS
Recent Blog Posts