Prices for NY Harbor barges trade flat July/August

In New York state, front month July ethanol prices for New York Harbor barges have slipped, now trading flat against ethanol, reflecting plenty of supplies in the region indicated by the Energy Information Agency’s recent report showing stocks of 7.624 million barrels in the week ended July 1, up 170,000 barrels on the week and 801,000 barrels on the year. Front month prices had been running at a one-cent premium per gallon against the second month in recent weeks.