Ethanol spot prices caused by railroad constraints, says EIA

In Washington, the recent jump in ethanol spot prices can be attributed to logistical constraints in and around ethanol production centers in the Midwest, mainly involving railroads, according to the Energy Information Administration. Their “Today in Energy” brief acknowledged that the jump in the New York Harbor premium over Chicago spot ethanol prices widened the gap to $1 per gallon in early March, from 25 cents per gallon in January.

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