NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Tue Jan 21, 2014 01:19 PM CST

U.S. spot ethanol prices tumbled in early trade Tuesday, pressured by easing supply constraints and talk of lower demand amid snowstorms in the heavy population centers of the Northeast and Mid-Atlantic.

"Supply is ok ... You don't have shortages, and especially at Argo," said a trader. "Driving can be affected, which might add some more pressure." Today transfer ethanol at Argo was talked early at a $1.96 to $1.99 per gallon bid/ask spread, down 9.5 cents on the day.

January New York Harbor ethanol barge wasn't traded but was pegged at a $2.30 to $2.34 per gallon bid/ask spread, down ...

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