Ethanol Blog

Spot ethanol prices were little changed in Chicago and New York while lower in other regional hubs during a thinly traded early session on Tuesday. Most of the trade activity in the past two days has involved paper or swaps as well as inter-month spread trades. That's in part because most traders are sitting out, unwilling to engage in a volatile market. Prompt delivered ethanol at the Argo hub near Chicago at $1.59 gallon, down a penny. October New York ethanol barge was talked at a $1.68 to $1.69 gallon bid/ask spread, up 0.5cts on the day

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

(ES)

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