EIA weekly data: Ethanol production up 2%, stocks down slightly, exports down 12%
U.S. fuel ethanol production rose 2.2% to 1.118 million barrels per day in the week ending October 23, according to the EIA. Stocks edged down to 24.523 million barrels, while exports fell 12% to 116,000 barrels per day. No ethanol imports were reported during the week.
U.S. fuel ethanol production expanded by more than 2% the week ending Oct. 23, according to data released by the U.S. Energy Information Administration on Oct. 28. Stocks of fuel ethanol were down slightly, with exports down 12%.
Fuel ethanol production averaged 1.118 million barrels per day the week ending Oct. 23, up 24,000 barrels per day when compared to the 1.094 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 Oct. 23 was up 27,000 barrels per day.
Stocks of fuel ethanol fell to 24.523 million barrels the week ending Oct. 23, down 35,000 barrels when compared to the 24.558 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Oct. 23 were up 2.156 million barrels.
Exports of fuel ethanol averaged 116,000 barrels per day the week ending Oct. 23, down 16,000 barrels per day when compared to the 132,000 barrels per day of exports reported for the previous week. When compared to the same week of last year, exports of fuel ethanol were down 59,000 barrels per day the week ending Oct. 23. No imports of fuel ethanol were reported for the week ending Oct. 23.
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Source : Ethanol Producer Magazine
