EIA: U.S. Ethanol Inventories, Production Dip on Week


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- The Energy Information Administration reported on Wednesday 
(3/18) that overall ethanol production in the United States averaged 1.093 
million bpd in the week ending March 13, down 33,000 bpd week-on-week and 
40,000 bpd, or 3.8% higher than in the same week last year. Four-week average 
output at 1.107 million bpd was 22,000 bpd above the same four weeks last year.

   
Midwest ethanol production averaged 1.035 million bpd, down 43,000 bpd 
week-on-week and 33,000 bpd, or 3.3% higher than in the same week last year. 
Four-week average output at 1.054 million bpd was 20,000 bpd above the same 
four weeks last year.

   
Ethanol blending activity in the U.S. averaged 876,000 bpd, down 25,000 bpd 
week-on-week and 2,000 bpd, or 0.2% lower than in the same week last year. 
Four-week average blending demand at 877,000 bpd was in line with the pace 
recorded in the same four weeks last year.

   
Blender inputs at the East Coast were down 12,000 bpd on the week while inputs 
in the Midwest were down 14,000 bpd, up 4,000 bpd on the Gulf Coast and down 
2,000 bpd on the West Coast.

   
Domestic ethanol inventories ended the week at 26.407 million bbl, up 827,000 
bbl week-on-week and 943,000 bbl, or 3.4% lower than in the same week last year.

   
East Coast PADD 1 inventories ended the week at 8.005 million bbl, down 47,000 
bbl week-on-week and 61,000 bbl, or 0.8% lower than in the same week last year.

   
Midwest PADD 2 inventories ended the week at 10.992 million bbl, up 854,000 bbl 
week-on-week and 635,000 bbl, or 5.5% lower than in the same week last year.

   
Gulf Coast PADD 3 inventories ended the week at 4.272 million bbl, down 70,000 
bbl week-on-week and 530,000 bbl, or 11% lower than in the same week last year.

   
West Coast PADD 5 inventories ended the week at 2.78 million bbl, up 76,000 bbl 
week-on-week and 256,000 bbl, or 10.1% higher than in the same week last year.




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