US Q2 industrial ethanol contracts confirmed at a rollover

25 April 2012 23:13  [Source: ICIS news]

HOUSTON (ICIS)--Second-quarter US industrial ethanol contracts were confirmed at a rollover during the week, market participants said on Wednesday.

The full settlements come after initial settlements emerged in late March.

First-quarter contracts for 200 proof ethanol were settled at $3.74–3.84/gal, and 190 proof ethanol contracts at $3.54–3.64/gal.

Major industrial ethanol producers did not announce any price increases for the second quarter, which some sources attributed to weaker corn prices in the first quarter.

Major industrial ethanol producers include Archer Daniels Midland, MGP Ingredients, Grain Processing and Golden Triangle.

($1 = €0.76)


By: Brian Balboa
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly