NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Tue Sep 23, 2014 01:34 PM CDT

Spot ethanol prices extended Monday's losses in early trade Tuesday ahead of weekly data that's expected to show a glut in ethanol supply while demand remains sluggish.

"(You) can't bank on producers trimming back (output) ... (we) need better domestic demand and/or exports to balance things out," said a source.

Prompt Argo ethanol talked at a $1.58 to $1.63 PER gallon bid/ask, down 1.5 cENts on the day. October barges are talked in a $1.67 to $1.71 per gallon bid/ask spread, down 0.5 cents. Prompt Arizona ethanol was talked at $1.71 per gallon, down 3.0 cents.

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