EIA Weekly Ethanol Report
EIA: US Ethanol Output Drops; Stocks Down 2.1% on Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.098 million barrels per day (bpd) in the week ended Jan. 2, down 22,000 bpd week-on-week and 4,000 bpd, or 0.4% lower than in the same week last year, the Energy Information Administration reported on Wednesday. Four-week average output at 1.111 million bpd was 5,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.041 million bpd, down 22,000 bpd week-on-week and 2,000 bpd, or 0.2% lower than in the same week last year. Four-week average output at 1.055 million bpd was 8,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 771,000 bpd, down 117,000 bpd week-on-week and 8,000 bpd, or 1% lower than in the same week last year. Four-week average blending demand at 869,000 bpd was 4,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were down 38,000 bpd on the week while inputs in the Midwest were down 39,000 bpd, down 32,000 bpd on the Gulf Coast and down 6,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 23.652 million bbl, up 708,000 bbl week-on-week and 496,000 bbl, or 2.1% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.205 million bbl, up 46,000 bbl week-on-week and 562,000 bbl, or 8.3% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.83 million bbl, up 509,000 bbl week-on-week and 517,000 bbl, or 5% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.891 million bbl, up 154,000 bbl week-on-week and 382,000 bbl, or 8.9% lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.344 million bbl, down 15,000 bbl week-on-week and 71,000 bbl, or 2.9% lower than in the same week last year.
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