NEWS
Wed Apr 2, 2014 04:04 PM CDT

STREATOR, Ill. (DTN) -- Ethanol spot prices have increased steadily since early February, reflecting logistical challenges for the industry, according to "This Week in Petroleum" issued Wednesday by the Energy Information Administration.

By late March, New York Harbor spot ethanol prices exceeded the price for RBOB, the petroleum component of gasoline, by more than $1 gallon. Ethanol spot prices in Chicago and Gulf Coast markets also climbed above NYH RBOB prices. The NYH premium over Chicago spot ethanol prices had averaged roughly 25 cents per gallon in January, close to the typical transportation costs of moving ethanol from production centers ...

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