EIA Weekly Ethanol Report
EIA: US Ethanol Stocks Rise 0.5% Year-on-Year
HOUSTON (DTN) -- Ethanol production in the United States averaged 1.093 million barrels per day (bpd) in the week ended July 3, the Energy Information Administration reported Wednesday. That's down 24,000 bpd week-on-week and 6,000 bpd, or 0.5%, higher than in the same week last year. Four-week average output at 1.1 million bpd was 18,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.032 million bpd, down 21,000 bpd week-on-week and 4,000 bpd, or 0.4%, higher than in the same week last year. Four-week average output at 1.041 million bpd was 17,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 901,000 bpd, down 20,000 bpd week-on-week and 21,000 bpd, or 2.3%, higher than in the same week last year. Four-week average blending demand at 916,000 bpd was 11,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were down 12,000 bpd on the week while inputs in the Midwest were up 2,000 bpd, down 11,000 bpd on the Gulf Coast and up 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 23.928 million barreks (bbl), down 762,000 bbl week-on-week and 293,000 bbl, or 1.2%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.458 million bbl, down 191,000 bbl week-on-week and 676,000 bbl, or 10.5%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.027 million bbl, down 397,000 bbl week-on-week and 166,000 bbl, or 1.7%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.01 million bbl, up 54,000 bbl week-on-week and 988,000 bbl, or 19.7%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.106 million bbl, down 219,000 bbl week-on-week and 211,000 bbl, or 10%, lower than in the same week last year.
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