Ethanol Blog
George Orwel DTN Energy Reporter

Tuesday 08/12/14

Argo Spot Ethanol Prices Nudge Higher in Thin Trade

U.S. spot ethanol prices edged higher in Chicago while little changed in other hubs during a thinly-traded afternoon session, despite the U.S. Department of Agriculture's new report raising the nation's corn supply estimates.

The Energy Information Administration's weekly ethanol supply and demand report is due out Wednesday. Today transfer ethanol at the Argo hub near Chicago was talked at a $2.21 to $2.25 per gallon bid/ask spread, up 1.0 cent on the day. Any August Argo was pegged at $2.09 per gallon, up 2.0 cents on the day.

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

(ES)

Posted at 1:56PM CDT 08/12/14 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
  • 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