US ethanol inventories fall 4.7% despite production jump - EIA

08 December 2010 20:24  [Source: ICIS news]

HOUSTON (ICIS)--US fuel ethanol inventories fell by 4.7% in week ended 3 December despite increased daily production of the biofuel, the US Energy Information Administration (EIA) said on Wednesday.

Ethanol stocks last week were at 16.3m bbl (685m gal) while daily production rose 6.1% to 939,000 bbl/day, the EIA said.

US daily ethanol output in November averaged 887,000 bbl, up by 1.6% from 873,000 bbl/day in October.

US weekly ethanol inventories – m bbl (EIA)

03 Dec

26 Nov

19 Nov

12 Nov

05 Nov

16.3

17.1

16.8

16.7

16.1

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By: William Lemos
+1 713 525 2653



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