US ethanol stocks flat, while production drops 1.8% to end March

04 April 2012 21:49  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol inventories held steady, while production levels came down in the last week of March, according to data released by the Energy Information Administration (EIA) on Wednesday.

Ethanol inventories for the week that ended on 30 March were at 22.6m bbl, no change from the previous week.  

It was the second consecutive week that domestic ethanol stockpiles were at 22.6m bbl.

Meanwhile, ethanol production was at 873,000 bbl/day, down by 16,000 bbl or 1.8% from 889,000 bbl/day a week earlier.

US weekly ethanol inventories – m bbl (EIA)

30 Mar

23 Mar

16 Mar

9 Mar

2 Mar

22.6

22.6

22.7

22.0

22.1

($1 = €0.76)


By: Brian Balboa
+1 713 525 2653



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