US ethanol stocks and production levels drop

25 July 2012 21:56  [Source: ICIS news]

SANTO DOMINGO, Dominican Republic (ICIS)--US ethanol inventories and production levels fell last week, according to data from the Energy Information Administration (EIA) on Wednesday.

Fuel ethanol production averaged 796,000 bbl/day for the week that ended on 20 July, down by 0.7% from 802,000 bbl/day from the previous week.

Ethanol inventories were at 19m bbl for the week, down by 600,000 bbl, or 3% from 19.6m bbl a week earlier.

By: Brian Balboa
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