US ethanol stocks and production rates rise week on week

08 December 2011 00:50  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol inventories and production rates moved higher heading into December, Energy Information Administration (EIA) data revealed on Wednesday.

US ethanol inventories were at 17.9m bbl in the week that ended on 2 December, up by 900,000 bbl or 5.3% from 17.0m bbl the previous week.

Meanwhile, ethanol production rates were at 954,000 bbl, up by 24,000 bbl or 2.6% from 930,000 bbl a week earlier.

US weekly ethanol inventories – m bbl
2 Dec	25 Nov	18 Nov	11 Nov	4 Nov
17.9	17.0	17.5	17.1	16.4
Source: EIA

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By: Brian Balboa
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