EIA: ethanol production up 1%, stocks down 1%, exports up 7%
U.S. fuel ethanol production increased by 1% for the week ending Feb. 28, reaching 1.093 million barrels per day. Stocks declined by 1% to 27.289 million barrels, while exports rose by 7% to 123,000 barrels per day. No imports were reported.
U.S. fuel ethanol production was up 1% the week ending Feb. 28, according to data released by the U.S. Energy Information Administration on March 5. Weekly ending stocks of fuel ethanol were down 1% and exports were up 7%.
Fuel ethanol production averaged 1.093 million barrels per day the week ending Feb. 28, up 12,000 barrels per day when compared to the 1.081 million barrels per day of production reported for the previous week. When compared to the same week of last year, production for the week ending Feb. 28 was up 36,000 barrels per day.
Weekly ending stocks of fuel ethanol fell to 27.289 million barrels the week ending Feb. 28, down 282,000 barrels when compared to the 27.571 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Feb. 28 were up 1.238 million barrels.
Exports of fuel ethanol averaged 123,000 barrels per day the week ending Feb. 28, up 8,000 barrels per day when compared to the 115,000 barrels per day of exports reported for the previous week. When compared to the same week of last year, exports for the week ending Feb. 28 were up 11,000 barrels per day. No fuel ethanol imports were reported for the week ending Feb. 28.
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Source : Ethanol Producer Magazine
