Ethanol Blog

Spot Ethanol Prices Edge Higher on Signs of Demand

Spot ethanol prices were flat to higher early Tuesday as physical ethanol for transport to Chicago and New York continued to attract buyers hoping to use the product locally or for exports, said sources.

Ethanol for tomorrow transfer at the Argo hub near Chicago was discussed at $1.78 to $1.80 per gallon, up 1.0 cent, with New York Harbor product pegged at $1.95 per gallon, up 2.0 cents on the day. Arizona spot ethanol prices were talked at $1.96 per gallon, up 0.5 cents.

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

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