EIA Weekly Ethanol Report
EIA: Ethanol Stocks Dip, Up 9.6% on Year
VIENNA (DTN) -- The Energy Information Administration reported on Thursday that overall ethanol production in the United States averaged 1.13 million barrels per day (bpd) in the week ending Nov. 6, down 13,000 bpd week-on-week and 55,000 bpd, or 5.1% higher than in the same week last year. Four-week average output at 1.121 million bpd was 21,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.07 million bpd, down 20,000 bpd week-on-week and 56,000 bpd, or 5.5% higher than in the same week last year. Four-week average output at 1.064 million bpd was 24,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 888,000 bpd, down 11,000 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 896,000 bpd was 9,000 bpd below the same four weeks last year.
Blender inputs at the East Coast were down 2,000 bpd on the week while inputs in the Midwest were up 4,000 bpd, down 13,000 bpd on the Gulf Coast and unchanged from last week on the West Coast.
Domestic ethanol inventories ended the week at 24.345 million bbl, down 89,000 bbl week-on-week and 2.126 million bbl, or 9.6% higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.006 million bbl, up 25,000 bbl week-on-week and 364,000 bbl, or 5.5% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.875 million bbl, up 178,000 bbl week-on-week and 900,000 bbl, or 10% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.975 million bbl, up 111,000 bbl week-on-week and 1.093 million bbl, or 28.2% higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.146 million bbl, down 407,000 bbl week-on-week and 215,000 bbl, or 9.1% lower than in the same week last year.
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