US ethanol stocks increase for seventh consecutive week
15 February 2012 21:46 [Source: ICIS news]
HOUSTON (ICIS)--US ethanol inventories grew for the seventh consecutive week, alongside an increase in production rates.
Ethanol stocks were at 21.5m bbl in the week that ended on 10 February, up by 1.9% or 400,000 bbl from 21.1m bbl the previous week.
Meanwhile, ethanol production totaled 928,000 bbl/day, up by 0.5% or 5,000 bbl from the previous week.
US weekly ethanol inventories – m bbl (EIA) 10 Feb 3 Feb 27 Jan 20 Jan 13 Jan 21.5 21.1 20.6 19.8 19.5
By: Brian Balboa
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