Ethanol Blog

In another busy and volatile session, spot ethanol prices at the Argo hub near Chicago edged higher. Meanwhile, other regional markets slumped, with traders actively hedging ahead of Wednesday's expiration of the December ethanol futures contract on the Chicago Board of Trade, as well as federal weekly ethanol supply data.

Today in-tank transfer Argo ethanol traded from $2.35 to $2.40 per gallon for 3.5 cents gain, with next-week transfer changing hands at $2.05 per gallon and any-December transfer traded at $1.95 per gallon, up 5.0 cents on the session.

George Orwel can be reached at george.orwel@telventdtn.com.

(ES)

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