US ethanol stocks increase as production decreases

30 January 2013 17:53  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol stocks rose by 400,000 bbl even as production decreased, according to data from the US Energy Information Administration (EIA) on Wednesday.

Ethanol stocks for the week that ended on 25 January were at 20.5m bbl, up from 20.1m bbl the previous week.

Meanwhile, ethanol production was at 770,000 bbl/day, down from 792,000 bbl/day the previous week.

Ethanol production is down 18.0% from 939,000 bbl/day in the same week a year ago.

Imports decreased to 9,000 bbl, down from 67,000 bbl a week earlier.

By: Bobbie Clark
+1 713 525 2653

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