EIA: Ethanol Stocks Flat

NEW YORK (DTN) -- The Energy Information Administration released a mixed weekly report Thursday morning showing fuel ethanol inventory unchanged while production fell and blending demand edged higher during the week-ended Oct. 6.

The EIA's Weekly Petroleum Status Report showed fuel ethanol stocks held steady at 21.5 million barrels (bbl), with a year-over-year surplus at 2.1 million bbl, or 10.8%.

Domestic plant production fell by 43,000 barrels per day (bpd), or 4.3%, to 967,000 bpd during the week reviewed, while up 5,000 bpd, or 0.52%, year over year.

Net refiner and blender inputs, a gauge for ethanol demand, increased 7,000 bpd, or 0.75%, to 937,000 bpd during the week reviewed while up 21,000 bpd, or 2.3%, year over year.

(AG)