EIA Weekly Ethanol Report
EIA: U.S. Ethanol Stocks Dip, Blending Ticks Higher
VIENNA (DTN) – The Energy Information Administration reported on Wednesday that overall ethanol production in the United States averaged 1.007 million bpd in the week ending Sept. 25, down 21,000 bpd week-on-week and 12,000 bpd, or 1.2% higher than in the same week last year. Four-week average output at 1.058 million bpd was 13,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 948,000 bpd, down 14,000 bpd week-on-week and 8,000 bpd, or 0.9% higher than in the same week last year. Four-week average output at 997,000 bpd was 10,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 914,000 bpd, up 7,000 bpd week-on-week and 9,000 bpd, or 1% higher than in the same week last year. Four-week average blending demand at 910,000 bpd was 8,000 bpd above the same four weeks last year. Blender inputs at the East Coast were down 1,000 bpd on the week while inputs in the Midwest were up 2,000 bpd, up 4,000 bpd on the Gulf Coast and up 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 23.865 million bbl, down 818,000 bbl week-on-week and 1.101 million bbl, or 4.8% higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.293 million bbl, down 335,000 bbl week-on-week and 513,000 bbl, or 7.6% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 8.885 million bbl, down 294,000 bbl week-on-week and 267,000 bbl, or 2.9% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.147 million bbl, down 231,000 bbl week-on-week and 1.106 million bbl, or 27.4% higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.219 million bbl, up 44,000 bbl week-on-week and 194,000 bbl, or 8% lower than in the same week last year.
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