Ethanol Blog
George Orwel DTN Energy Reporter
Thu Apr 23, 2015 12:55 PM CDT

Spot ethanol prices posted strong gains Thursday amid talk of a short squeeze on the West Coast, a source said, with additional support for ethanol coming from a gasoline futures rally, higher corn futures and expectation blending demand will recover.

This comes a day after data showed U.S. ethanol inventories rose 697,000 bbl last week to a seven-week high of 21.342 million. Sources said this week transfer ethanol in northern California traded at $1.80 per gallon before being bid at $1.81 per gallon for an 8.5-cents gain for the session.

Prompt Arizona spot prices traded at $1.80 per gallon for ...

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