EIA: U.S. Ethanol Inventories Fall 0.6%, Up 3% on Year


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

    

   DAVENPORT, FL (DTN) -- The Energy Information Administration reported 
Wednesday (6/10) that overall ethanol production in the United States averaged 
1.108 million bpd in the week ending June 5, unchanged from the previous week 
but down 12,000 bpd, or 1.1%, from the same week last year. Four-week average 
output at 1.104 million bpd was 25,000 bpd above the same four weeks last year.

   Midwest ethanol production averaged 1.049 million bpd, up 2,000 bpd 
week-on-week but down 12,000 bpd, or 1.1%, from the same week last year. 
Four-week average output at 1.047 million bpd was 57,000 bpd above the same 
four weeks last year.

   Ethanol blending activity in the U.S. averaged 873,000 bpd, down 21,000 bpd 
week-on-week and 39,000 bpd, or 4.3%, lower than in the same week last year. 
Four-week average blending demand at 898,000 bpd was 13,000 bpd below the same 
four weeks last year.

   Blender inputs at the East Coast were down 9,000 bpd on the week while 
inputs in the Midwest were down 1,000 bpd, down 12,000 bpd on the Gulf Coast 
and up 1,000 bpd on the West Coast.

   Domestic ethanol inventories ended the week at 24.456 million bbl, down 
150,000 bbl week-on-week and up 712,000 bbl, or 3%, from the same week last 
year.

   East Coast PADD 1 inventories ended the week at 6.896 million bbl, down 
206,000 bbl week-on-week and 571,000 bbl, or 7.6% lower than in the same week 
last year.

   Midwest PADD 2 inventories ended the week at 9.841 million bbl, down 121,000 
bbl week-on-week and up 278,000 bbl, or 2.9%, from the same week last year.

   Gulf Coast PADD 3 inventories ended the week at 5.147 million bbl, up 
193,000 bbl week-on-week and 568,000 bbl, or 12.4%, above the same week last 
year.

   West Coast PADD 5 inventories ended the week at 2.287 million bbl, down 
63,000 bbl week-on-week and 119,000 bbl, or 5.5%, above the same week last year.

    




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