Chicago ethanol prices fall as production comes back online post-maintenance

In Illinois, prices for Chicago ethanol fell to one month lows for both physical and paper trade following the reincorporation of ethanol producers who had shut down for maintenance that led to a tighter market. S&P Platts assessed physical Argo prices at $1.5845/gal while front-month December futures were at $1.4925/gal. For the last week of October, production rose to 1.022 million b/d but even falling back again during the first week of November to 1.002 million b/d didn’t help in supporting prices.

Category: Fuels