Ethanol Blog

Spot Ethanol Rally in NYH on Strong Demand, Lower Supply

Spot ethanol prices in the New York Harbor continued trading higher for the second straight session Thursday, talked 21 cents higher at a $2.15 to $2.25 gallon bid/ask spread on renewed buying interest as federal data showed a draw down in weekly regional supply, while short-term demand rebounded from a nine-month low. Chicago and other regional prices such as the Gulf Coast and Arizona also edged higher, buy prices in California lagged.

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

(ES)

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]

Comments

To comment, please Log In or Join our Community .