US ethanol inventories slip on slide in production

13 March 2013 19:15  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol stocks were down, while production declined, last week, the US Energy Information Administration (EIA) said on Wednesday.

Ethanol stocks for the week that ended on 8 March were at 18.7m bbl, down by 700,000 bbl from the previous week.

Meanwhile, ethanol production was at 797,000 bbl/day, down from 812,000 bbl/day the previous week.

Ethanol production was down by 10.6% from 892,000 bbl/day in the corresponding week last year.

Imports increased to 3,000 bbl, up from zero a week earlier.

By: Bobbie Clark
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