Thursday, October 25, 2007

Ethanol Prices

From GrainNet:

Spot ethanol prices in most locations across the country continued to move up, certainly unhurt by stronger gasoline values, though prospective buyers often remained reluctant to follow higher.

In the East, ethanol spot prices for this month and next moved up steadily, with reports of spot deals at higher levels by this afternoon.

New York Harbor spot talks topped $1.80/gal while offers reaching $1.84/gal on barges for early November through December.

Late word had $1.82/gal eventually trading for Harbor material available beginning next month -- up a nickel from the lowest offers made yesterday....MORE