Ethanol Blog
George Orwel DTN Energy Reporter

Thursday 07/10/14

Supply, Logistical Woes Stir Rollercoaster Ethanol Trade

U.S. spot ethanol prices had a rollercoaster ride in early session trade Thursday as traders weighed a mixed supply outlook against logistical problems that are plaguing shipments from the Midwest to coastal markets. "Cash ethanol prices have been bouncing around all morning," said a trader. He said flooding has slowed rail service in parts of the U.S. Midwest, causing delivery delays of three to four days. The situation is so bad the cost of trucking is now discounted compared to railcar cost. Prompt ethanol at the Argo hub traded between $2.175 and $2.25 gallon while July barge at the New York Harbor was talked between $2.29 and $2.35 gallon.

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

(ES)

Posted at 1:43PM CDT 07/10/14 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  2015
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
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • 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