Ethanol Blog
Myke Feinman Refine Fuels Reporter

Friday 05/23/14

Spot Biodiesel Prices Hold Steady in Quiet Trade Week

Spot biodiesel values are flat this morning, holding near unchanged throughout the week in thin markets.

"Holiday weeks typically start with normal interest then fade as (the) week goes on," a trade source said. "A lot of people are taking an extended weekend." Other sources agree.

"The industry is kind of in a holding pattern," commented Jerrod Kitt, strategist for the Linn Group, Chicago, Illinois, referring to industry awaiting legislative action on the renewal of the expired $1 gallon blender's credit. "Other than that it's kind of business as usual."

The latest bid/ask range this morning was $3.65 to $3.75 per gallon for Soy methyl ester biodiesel at both Chicago and New York Harbor, flat on the session and week. Houston SME B100 biodiesel were pegged at $3.65 per gallon, unchanged for the session and week.

Myke Feinman can be reached at


Posted at 11:26AM CDT 05/23/14 by Myke Feinman
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