Ethanol Blog
Chicago Spot Ethanol Prices Firm in Light Trading
Spot ethanol prices at the Argo supply hub east of Chicago rose 2.0 cents in thin, pre-holiday trade early Monday.
"It's obviously a very thin market there this week," a trader said. "It doesn't take much to move things."
Chicago spot ethanol traded at $2.22 per gallon while any-December ethanol changed hands at $2.15 per gallon, up 1.0 cent from Friday.
"We are kind of in holiday trade," commented Brandon Marshall, Northstar Commodity of Minneapolis, Minn. "There's not much happening today."
Myke Feinman can be reached at myke.feinman@dtn.com
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