NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Thu Mar 20, 2014 02:34 PM CDT

The ethanol market has been on a tear this week, with New York Harbor and Chicago area spot prices rallying because demand is running ahead of supply, with the Harbor situation particularly critical.

Data released midweek showed East Coast stocks at the lowest level on record while nationwide supply was down to a 3 1/2 month low. "There is really no ethanol (at the Harbor)," said a source.

A prompt ethanol barge at the Harbor was discussed 25.5 cents higher at a $4.30 per gallon, the highest price on record for the Harbor, while at the Argo terminal near Chicago ...

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