EIA: US Ethanol Output, Demand and Supply Lower Last Week
EIA: US Ethanol Output, Demand and Supply Lower Last Week
OAKHURST, N.J. (DTN) -- Overall ethanol production in the United States averaged 1.043 million barrels per day (bpd), down 14,000 bpd week-on-week and 9,000 bpd, or 0.9%, lower than in the same week last year. Four-week average output at 1.049 million bpd was 10,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 987,000 bpd, down 11,000 bpd week-on-week and 4,000 bpd, or 0.4%, lower than in the same week last year. Four-week average output at 991,000 bpd was 10,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 927,000 bpd, down 4,000 bpd week-on-week and 30,000 bpd, or 3.2%, higher than in the same week last year. Four-week average blending demand at 920,000 bpd was 20,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were down 5,000 bpd on the week while inputs in the Midwest were up 1,000 bpd, down 1,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 23.423 million bbl, down 194,000 bbl week-on-week and 444,000 bbl, or 1.9%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.972 million bbl, down 217,000 bbl week-on-week and 303,000 bbl, or 4.3%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.618 million bbl, up 278,000 bbl week-on-week and 916,000 bbl, or 9.5%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.234 million bbl, down 81,000 bbl week-on-week and 27,000 bbl, or 0.6%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.266 million bbl, down 155,000 bbl week-on-week and 167,000 bbl, or 7.4%, lower than in the same week last year.
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