U.S. Ethanol Output Dips on Year, Stocks Jump 1.6%%
10/29 9:59 AM
U.S. Ethanol Output Dips on Year, Stocks Jump 1.6%
Maria Eugenia Garcia
DTN Energy Editor
HOUSTON, TX, (DTN) -- The Energy Information Administration reported
Wednesday (10/29) overall ethanol production in the United States averaged
1.091 million bpd, in the week ended October 24, down 21,000 bpd from the prior
week and 14,000 bpd, or 1.3% lower than in the same week last year.
The four-week average output at 1.097 million bpd was 20,000 bpd above the
same four weeks last year.
Midwest ethanol production averaged 1.036 million bpd, down 15,000 bpd
week-on-week and 6,000 bpd, or 0.6% lower than in the same week last year.
Four-week average output at 1.038 million bpd was 22,000 bpd above the same
four weeks last year.
Ethanol blending activity in the U.S. averaged 911,000 bpd, down 0,000 bpd
week-on-week and 7,000 bpd, or 0.8% lower than in the same week last year.
Four-week average blendind demand at 913,000 bpd was 4,000 bpd below the same
four weeks last year.
Blender inputs at the East Coast were up 4,000 bpd on the week while inputs in
the Midwest were down 4,000 bpd, down 1,000 bpd on the Gulf Coast and up 3,000
bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.367 million bbl, up 448,000
bbl week-on-week and 347,000 bbl, or 1.6% higher than in the same week last
year.
East Coast PADD 1 inventories ended the week at 6.387 million bbl, up 4,000 bbl
week-on-week and 479,000 bbl, or 7.5% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 8.797 million bbl, down 17,000 bbl
week-on-week and 139,000 bbl, or 1.6% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.147 million bbl, up 209,000
bbl week-on-week and 82,000 bbl, or 2% higher than in the same week the prior
year.
West Coast PADD 5 inventories ended the week at 2.672 million bbl, up 256,000
bbl week-on-week and 597,000 bbl, or 22.3% higher than in the same week last
year.
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