NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Wed Sep 18, 2013 02:21 PM CDT

Spot ethanol prices rose in New York and Chicago after federal data showed total ethanol supplies were drawn down to a 10-week low, while demand rose 1.0% during the week-ended Sept. 13.

The data, released late morning by the Energy Information Administration, showed U.S. ethanol stocks fell 100,000 bbl to 16.2 million bbl as production from domestic processing plants dropped 1.2%. Spot ethanol for transfer today at Argo was talked at a $2.35 to $2.40 per gallon bid/ask, up 2.5 cents; this week transfer ethanol was talked at a $2.30 to $2.38 per gallon bid/ask, up 5.0 cents; next week ...

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