Ethanol Blog
George Orwel DTN Energy Reporter

Thursday 08/14/14

Spot Ethanol Mostly Down With Falling Gasoline Prices

Spot ethanol prices were mostly lower in muted early trade Thursday after Wednesday's steep rally. Traders were recalibrating their demand and supply outlook, which now appears to be less bullish. A drop in gasoline prices added pressure on ethanol prices, sources said.

Prompt Argo ethanol traded at $2.32 per gallon, up 0.25 cents, while any August prices were talked at $2.22 to $2.25 per gallon bid/ask, down 5 cents. August ethanol barge at the New York Harbor was talked at $2.28 to $2.34 per gallon bid/ask, down 4.0 cents.

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

(ES)

Posted at 1:46PM CDT 08/14/14 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
June  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
  • Energy Pressure Follows Weaker Stock Market
  • Argo, NYH Spot Ethanol Edge Lower With Corn, RBOB Futures
  • DDG Price Decline Slows Amid Sluggish Trade
  • Argo, NYH Spot Ethanol Trade Higher on Corn Futures Rally
  • Spot Ethanol Price Gains Backed by Corn Futures Rally
  • Grains Council Educates Japanese Swine Producers on DDGS
  • Uncertainty Seen in Ethanol Market Direction
  • Spot Ethanol Prices Higher on Falling Ethanol Stocks
  • Corn Rally Draws Ethanol Support
  • Spot Ethanol Prices Track Corn Futures Higher
  • Chinese Trade Disruptions Result in DDG Price Plunge
  • Ethanol Futures Close Week Higher
  • Conference: Aquaculture Must Diversify Feed Ingredients
  • Spot Ethanol Prices Soften on Rising Supply
  • Spot Ethanol Prices Mixed on Weekly EIA Supply Data
  • New York Spot Ethanol Biggest Gainer as Market Rebounds
  • China Rumors Worry DDG Market
  • Ethanol Futures Follow Outside Markets Lower
  • Argo, NYH Spot Ethanol Trade Lower on Rising Production
  • Spot Ethanol Values Pressured by Bearish Federal Data