US fuel ethanol stocks drop 1.7% to 16.9m bbl - EIA
06 October 2010 19:16 [Source: ICIS news]
HOUSTON (ICIS)--US fuel ethanol stocks fell by 1.7% to 16.9m bbl (710m gal) in the week ended 1 October compared with a week earlier, the US Energy Information Administration (EIA) said on Wednesday.
Despite the drop in inventories, ethanol production as assessed by the EIA last week averaged 863,000 bbl/day, an increase of 4.6% from 825,000 bbl/day in the previous week.
US ethanol production in September averaged 855,500 bbl/day, up from 854,000 bbl/day in August, according to EIA data.
US weekly ethanol inventories – m bbl (EIA) 01 Oct 24 Sep 17 Sep 10 Sep 03 Sep 16.9 17.2 17.5 17.9 17.7
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