EIA Weekly Ethanol Report
EIA: US Ethanol Stocks Rise 3.2% Year-on-Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.04 million barrels per day (bpd) in the week ended July 10, the Energy Information Administration reported Wednesday. That is down 53,000 bpd week-on-week and 47,000 bpd, or 4.3%, lower than in the same week last year. Four-week average output at 1.085 million bpd was 3,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 976,000 bpd, down 56,000 bpd week-on-week and 52,000 bpd, or 5.1%, lower than in the same week last year. Four-week average output at 1.024 million bpd in line with year-ago levels.
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Ethanol blending activity in the U.S. averaged 906,000 bpd, up 5,000 bpd week-on-week and 26,000 bpd, or 3%, higher than in the same week last year. Four-week average blending demand at 913,000 bpd was 8,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were up 5,000 bpd on the week while inputs in the Midwest were down 6,000 bpd, up 12,000 bpd on the Gulf Coast and down 5,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 24.391 million barrels (bbl), up 463,000 bbl week-on-week and 756,000 bbl, or 3.2%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.486 million bbl, up 28,000 bbl week-on-week and 648,000 bbl, or 9.1%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.972 million bbl, down 55,000 bbl week-on-week and 111,000 bbl, or 1.1%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.323 million bbl, up 313,000 bbl week-on-week and 1.301 million bbl, or 32.3%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.289 million bbl, up 183,000 bbl week-on-week and 28,000 bbl, or 1.2%, lower than in the same week last year.
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