EIA Weekly Ethanol Report
EIA: US Ethanol Output Flat, Stocks Down 1.3% on Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.114 million barrels per day (bpd) in the week ended Jan. 23, down 5,000 bpd week-on-week and 99,000 bpd, or 9.8% higher than in the same week last year. Four-week average output at 1.132 million bpd was 54,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.055 million bpd, down 11,000 bpd week-on-week and 91,000 bpd, or 9.4% higher than in the same week last year. Four-week average output at 1.075 million bpd was 52,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 883,000 bpd, up 31,000 bpd week-on-week and 51,000 bpd, or 6.1% higher than in the same week last year. Four-week average blending demand at 837,000 bpd was 20,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were up 13,000 bpd on the week while inputs in the Midwest were up 16,000 bpd, down 2,000 bpd on the Gulf Coast and up 3,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 25.4 million bbl, down 339,000 bbl week-on-week and 322,000 bbl, or 1.3% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.176 million bbl, down 137,000 bbl week-on-week and 731,000 bbl, or 9.2% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.859 million bbl, up 239,000 bbl week-on-week and 294,000 bbl, or 2.8% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.584 million bbl, down 380,000 bbl week-on-week and 259,000 bbl, or 6% higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.401 million bbl, down 54,000 bbl week-on-week and 153,000 bbl, or 6% lower than in the same week last year.
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