EIA Weekly Ethanol Report
EIA: US Ethanol Inventories Expand, Up 5.8% Year-Over-Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.04 million barrels per day (bpd) in the week ended April 17, down 80,000 bpd week-on-week and 7,000 bpd, or 0.7%, higher than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.088 million bpd was 56,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 979,000 bpd, down 88,000 bpd week-on-week and 3,000 bpd, or 0.3%, higher than in the same week last year. Four-week average output at 1.034 million bpd was 57,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 921,000 bpd, up 46,000 bpd week-on-week. Blending demand was in line with year-ago levels both last week and on the four-week average.
Blender inputs at the East Coast were up 12,000 bpd on the week while inputs in the Midwest were up 10,000 bpd, up 13,000 bpd on the Gulf Coast and up 10,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 26.948 million barrels (bbl), up 249,000 bbl week-on-week and 1.467 million bbl, or 5.8%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 8.186 million bbl, up 9,000 bbl week-on-week and 392,000 bbl, or 5% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.386 million bbl, down 143,000 bbl week-on-week and 245,000 bbl, or 2.3% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.513 million bbl, up 467,000 bbl week-on-week and 1.363 million bbl, or 32.8% higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.492 million bbl, down 82,000 bbl week-on-week and 232,000 bbl, or 8.5% lower than in the same week last year.
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