Ethanol Blog
Chicago Spot Ethanol Prices Slip on Supply Overhang
Spot ethanol prices eased Tuesday at the Argo terminal near Chicago under pressure from falling Chicago Board of Trade corn futures and expectation for another build in weekly ethanol inventories.
The Energy Information Administration will release its data for the week-ended Sept. 12 at 10:30 AM ET Wednesday, with data for the prior week issued last week showing ethanol stocks rose to a five-week high.
Today transfer ethanol at the Argo hub near Chicago traded early at $1.85 per gallon after being discussed at a $1.84 to $1.87 bid/ask, down 0.5 cents on the day.
George Orwel can be reached at george.orwel@telventdtn.com.
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