EIA Weekly Ethanol Report
EIA: US Ethanol Inventories Increase 9.3% Year-Over-Year
HOUSTON (DTN) -- Ethanol production in the United States averaged 1.116 million barrels per day (bpd) in the week ended April 3, the Energy Information Administration reported on Wednesday. That's up 41,000 bpd week-on-week and 104,000 bpd, or 9.3%, higher than in the same week last year. Four-week average output at 1.1 million bpd was 63,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.065 million bpd, up 41,000 bpd week-on-week and 110,000 bpd, or 10.3%, higher than in the same week last year. Four-week average output at 1.046 million bpd was 63,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 895,000 bpd, down 8,000 bpd week-on-week and 7,000 bpd, or 0.8%, lower than in the same week last year. Four-week average blending demand at 891,000 bpd was 4,000 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 down 0,000 bpd, down 9,000 bpd on the Gulf Coast and up 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 26.053 million bbl, up 62,000 barrel (bbl) week-on-week and 761,000 bbl, or 2.9%, lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.734 million bbl, down 239,000 bbl week-on-week and 198,000 bbl, or 2.6%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.743 million bbl, up 88,000 bbl week-on-week and 378,000 bbl, or 3.5%, lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.568 million bbl, up 44,000 bbl week-on-week and 96,000 bbl, or 2.1%, lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.63 million bbl, up 167,000 bbl week-on-week and 94,000 bbl, or 3.6%, lower than in the same week last year.
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