Ethanol Blog

Spot ethanol values extended lower for the third straight session Thursday on burgeoning inventories and unfettered product shipments to most of the nation's hubs despite a snowstorm that hit the Northeast region earlier this week.

The storm had a bigger impact in New England than anywhere else. Prompt Argo ethanol was talked at a $1.30 to $1.33 per gallon bid/ask, down 3.0 cents, while New York Harbor prompt ethanol was talked at $1.45 per gallon, down 2.0 cents, and Northern California prompt ethanol was pegged at $1.51 per gallon, down 3.0 cents on the day.

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

(ES)

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