06 February 2013 19:55 [Source: ICIS news]
HOUSTON (ICIS)--US ethanol stocks fell by 400,000 bbl even as production increased, according to data from the US Energy Information Administration (EIA) on Wednesday.
Ethanol stocks for the week that ended on 1 February were at 20.1m bbl, down from 20.5m bbl the previous week.
Meanwhile, ethanol production was at 774,000 bbl/day, up from 770,000 bbl/day the previous week.
Ethanol production is down 16.0% from 923,000 bbl/day in the same week a year ago.
Imports decreased to nothing, down from 9,000 bbl a week earlier.
Much of the ethanol industry is in Las Vegas for the National Ethanol Conference, which ends 7 February.
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