Ethanol Blog
George Orwel DTN Energy Reporter

Monday 04/21/14

Spot Ethanol Prices Gain in Active Trade After Holiday

Spot ethanol prices surged during Monday morning trade after the three-day Easter weekend, but by early afternoon prices at the Argo hub near Chicago cut their advance as trade volume picked up. The market is looking ahead to weekly ethanol supply data due out Wednesday. Today transfer ethanol at Argo was discussed midmorning at a $2.50 to $2.54 gallon bid/ask spread, up 3.0cts, with current discussions at a $2.46 to $2.54 gallon bid/ask, up 1.0cts.

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

(CZ)

Posted at 1:59PM CDT 04/21/14 by George Orwel
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