Ethanol Blog
George Orwel DTN Energy Reporter

Monday 08/04/14

Spot Ethanol Rebounds on Demand, Higher Corn Futures

Spot ethanol prices rebounded from last week's lows during a thinly traded early session Monday, boosted by renewed buying interest and higher Chicago Mercantile Exchange corn futures.

"(Market) is up 1 to 2 cents on corn being up and general ethanol demand still fairly good," said a trader. Today transfer ethanol at the Argo hub near Chicago traded early at $2.13 per gallon, up 5.0 cents.

August barged ethanol at the New York Harbor was talked at $2.21 to $2.24 per gallon, up 5.0 cents. This week shipment ethanol to California was talked at a $2.30 to $2.33 per gallon bid/ask spread, up 4.5 cents on the session.

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

(ES)

Posted at 1:26PM CDT 08/04/14 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
November  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