NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Thu Mar 5, 2015 05:26 PM CST

Chicago and New York spot ethanol prices were unchanged Thursday, with traders expecting blending demand to improve though they are reticent to push up prices now since supply remains near a three-year high.

Speculation for higher future demand was backed by the contango price structure. A heavy snowstorm in the Northeast is hampering travel, but the impact on railroad shipments of ethanol is unclear.

Prompt Argo supply terminal near Chicago was valued unchanged at $1.47 per gallon, while April prices were valued at $1.49 per gallon. New York Harbor ethanol barges were talked at a $1.575 to $1.605 per gallon ...

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