Ethanol Blog
Cash Ethanol Prices Mixed in Thin Early Trade Tuesday
Spot ethanol prices moved mixed early afternoon Tuesday, easing along the West Coast and in New York, while values in the Chicago market edged higher following a thinly traded early session.
The market awaits Thursday's weekly data on inventories, domestic production, demand and imports for the week-ended Oct. 9, after data for the prior week were viewed as bearish.
Today in-tank transfer ethanol at the Argo supply hub near Chicago traded at $1.54 per gallon, up 1.5 cents. New York Harbor October ethanol barges were valued down a penny at $1.61 per gallon while a November barge traded at $1.59 per gallon, down 1.0 cent. Arizona prompt delivered ethanol traded at $1.67 per gallon, down 3.0 cents.
George Orwel can be reached at george.orwel@telventdtn.com
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