US weekly ethanol stocks fall 0.5%, production rates fall 1.5%

14 March 2012 20:32  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol inventories came down alongside lower production rates, according to data released by the Energy Information Administration (EIA) on Wednesday.

Ethanol inventories for the week that ended on 9 March were at 22m bbl, down by 100,000 bbl or 0.5% from 22.1m bbl a week earlier.

It was the first time in two weeks that domestic inventories came down.

Meanwhile, ethanol production was at 892,000 bbl/day, down by 14,000 bbl/day or 1.5% from 906,000 bbl/day the previous week.

US weekly ethanol inventories – m bbl (EIA)
9 Mar	2 Mar	25 Feb	17 Feb	10 Feb
22.0	22.1	22.0	21.5	21.5

By: Brian Balboa
+1 713 525 2653

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