US ethanol stocks increase despite production decrease

21 November 2012 16:57  [Source: ICIS news]

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

Ethanol stocks for the week that ended on 16 November were at 18.9m bbl, up from 17.9m bbl a week earlier.

Meanwhile, ethanol production was at 811,000 bbl/day, down from 824,000 bbl/day the previous week.

Year on year, ethanol production is down 11.6% from 917,000 bbl/day. 

By: Bobbie Clark
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