EIA Weekly Ethanol Report
EIA: Ethanol Production Rises, Demand Stays Flat
VIENNA (DTN) -- Ethanol production in the United States averaged 1.112 million barrels per day (bpd) in the week ended Aug. 21, the Energy Information Administration reported Wednesday. That's up 23,000 bpd week-on-week and 42,000 bpd, or 3.9%, higher than in the same week last year. Four-week average output at 1.106 million bpd was 27,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.062 million bpd, up 31,000 bpd week-on-week and 45,000 bpd, or 4.4%, higher than in the same week last year. Four-week average output at 1.05 million bpd was 28,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 923,000 bpd, down 3,000 bpd week-on-week and 9,000 bpd, or 1%, lower than in the same week last year. Four-week average blending demand at 925,000 bpd was 2,000 bpd below the same four weeks last year.
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Blender inputs at the East Coast were down 11,000 bpd on the week while inputs in the Midwest were unchanged from last week, up 6,000 bpd on the Gulf Coast and up 3,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 25.206 million bbl, up 85,000 bbl week-on-week and 2.657 million bbl, or 11.8%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.252 million bbl, down 142,000 bbl week-on-week and 418,000 bbl, or 6.1%, higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.045 million bbl, up 299,000 bbl week-on-week and 1.051 million bbl, or 11.7%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.116 million bbl, down 160,000 bbl week-on-week and 1.098 million bbl, or 27.3%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.464 million bbl, up 96,000 bbl week-on-week and 92,000 bbl, or 3.9%, higher than in the same week last year.
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