U.S. spot ethanol prices were unchanged in New York and Chicago markets while lower along the West Coast alongside falling corn and gasoline prices.
Sources cited a lack of buying interest in the physical ethanol market today, especially for prompt delivered product. "It's been very quiet today," said a source. This-week delivered ethanol in California was pegged at $2.28 gallon for a loss of 3.0 cents. Pacific Northwest spot prices traded a $2.19 per gallon, down 10.5 cents, while spot Arizona prices traded down 8.5 cents at $2.24 gallon.
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