OAKHURST, N.J. (DTN) -- Domestic ethanol inventories edged lower last week as output, though again lower, held above 1 million barrels per day (bpd) for a 12th consecutive week, the longest stretch since the first 12 weeks of 2020, according to data released by the Energy Information Administration on Wednesday, Aug. 4.
Domestic ethanol plant production was down a fourth week, though only slightly with a dip of 1,000 bpd to a 10-week low 1.013 million bpd. Four-week average output was at 1.024 million bpd, down 13,000 bpd from the four-week average the prior week.
EIA reported PADD 2 ethanol plant production continued lower a fourth week, also just down 1,000 bpd to 959,000 bpd as of July 30, a 12-week low.
Total ethanol inventories eased after two weekly gains, down 84,000 barrels (bbl) to 22.649 million bbl last week, 11.3% more than the same time in 2020.
East Coast PADD 1 ethanol inventories decreased 152,000 bbl to 7.009 million bbl while Midwest PADD 2 stocks edged up 31,000 bbl to 8.498 million bbl.
West Coast PADD 5 supply decreased 58,000 bbl to 2.958 million bbl, and at the Gulf Coast PADD 3, stocks increased 78,000 bbl to 3.816 million bbl.
Blending activity edged up for a second week, rising 2,000 bpd to 932,000 bpd. Blending activity during the four weeks ended July 30 averaged 921,000 bpd, 4,000 bpd below the prior four-week period.
Midwest PADD 2 blending declined 2,000 bpd in the period profiled, while at the Gulf Coast, demand rose 3,000 bpd. For the four weeks ended July 30, EIA reports PADD 2 blending activity was at 252,000 bpd, while PADD 3 activity averaged 149,000 bpd.
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