Spot ethanol prices in the New York Harbor continued trading higher for the second straight session Thursday, talked 21 cents higher at a $2.15 to $2.25 gallon bid/ask spread on renewed buying interest as federal data showed a draw down in weekly regional supply, while short-term demand rebounded from a nine-month low. Chicago and other regional prices such as the Gulf Coast and Arizona also edged higher, buy prices in California lagged.
George Orwel can be reached at firstname.lastname@example.org
© Copyright 2014 DTN/The Progressive Farmer. All rights reserved.