21 December 2011 20:50 [Source: ICIS news]
HOUSTON (ICIS)--US ethanol inventories and productions rates increased last week, Energy Information Administration (EIA) data revealed on Wednesday.
Ethanol inventories for the week that ended on 16 December were at 17.7m bbl, a rebound of 600,000 bbl or 3.5% from 17.1 from the week prior.
Meanwhile, ethanol production rates in the US were at 943,000 bbl/day, up by 5,000 bbl or 0.5% from 938,000 bbl a week earlier.
| US weekly ethanol inventories – m bbl | ||||
| 16 Dec | 9 Dec | 2 Dec | 25 Nov | 18 Nov |
| 17.7 | 17.1 | 17.9 | 17.0 | 17.5 |
| Source: EIA | ||||
($1 = €0.76)
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