Spot ethanol prices in Chicago and New York extended their rallies Tuesday amid increased buying interest and speculation about exports to Brazil and elsewhere, trade sources said. Prompt shipment ethanol at the Argo hub near Chicago traded at $2.21 gallon for a 2.0cts gain on the day. July ethanol barge at the New York Harbor traded at $2.305 gallon and was later talked at a $2.31 to $2.34 gallon bid/ask spread for a 4.5cts gain.
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