EIA Shows Ethanol Stock Build

NEW YORK (DTN) -- U.S. Energy Information Administration reported domestic ethanol inventories increased by 100,000 barrels (bbl) to 20.4 million bbl in the week-ended Dec. 18, pushing the year-over-year surplus up 2.8 million bbl, or 15.7%.

The report showed domestic ethanol production decreased last week by 27,000 barrels per day (bpd), or 2.7%, to 973,000 bpd while down 2.0% year-on-year.

No ethanol imports were reported for the week-ended Dec. 18 after 32,000 bpd of ethanol imports were received by the United States a week earlier.

Blender inputs, a gauge for ethanol demand, declined 10,000 bpd, or 1.1%, to 880,000 bpd while unchanged from a year earlier.

(BM/AG)