EIA weekly data: Ethanol production up 2%, stocks down slightly, exports up 27%
U.S. fuel ethanol production increased 2.2% week-on-week to 1.143 million barrels per day for the week ending October 30, according to the EIA. Ethanol stocks declined slightly to 24.434 million barrels, while exports surged nearly 27% to 147,000 barrels per day. No imports were reported.
U.S. fuel ethanol production expanded by more than 2% the week ending Oct. 30, according to data released by the U.S. Energy Information Administration on Nov. 4. Stocks of fuel ethanol fell slightly while exports were up nearly 27%.
Fuel ethanol production averaged 1.143 million barrels per day the week ending Oct. 30, up 25,000 barrels per day when compared to the 1.118 million barrels per day of production reported for the previous week. When compared to the same period of last year, production for the week ending Oct. 30 was up 20,000 barrels per day.
Stocks of fuel ethanol fell to 24.434 million barrels the week ending Oct. 30, down 89,000 barrels when compared to the 24.523 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Oct. 30 were up 1.779 million barrels.
Exports of fuel ethanol averaged 147,000 barrels per day the week ending Oct. 30, up 31,000 barrels per day when compared to the 116,000 barrels per day of stocks reported for the previous week. When compared to the same week of last year, exports for the week ending Oct. 30 were up 40,000 barrels per day. No imports of fuel ethanol were reported for the week ending Oct. 30 were up 1.779 million barrels.
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Source : Ethanol Producer Magazine
