US ethanol stocks decrease despite increase in production

07 November 2012 20:48  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol stocks fell even as production levels increased last week, according to data from the Energy Information Administration (EIA) on Wednesday.

Ethanol stocks for the week that ended on 2 November were at 18.1m bbl, down from 19.2m bbl a week earlier.

Meanwhile, ethanol production was at 827,000 bbl/day, up from 825,000 bbl/day, the previous week.

Year on year, ethanol production is down 9.2% from 911,000 bbl/day. 

By: Bobbie Clark
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