US ethanol inventories slip even as production ticks up

20 March 2013 21:04  [Source: ICIS news]

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

Ethanol stocks for the week that ended on 15 March were at 18.5m bbl, down by 200,000 bbl from the previous week.

Meanwhile, ethanol production was at 809,000 bbl/day, up from 797,000 bbl/day the previous week.

Ethanol production is down 9.5% from 893,000 bbl/day in the same week a year ago.

Imports increased to 27,000 bbl, up from nothing a week ago.

By: Bobbie Clark
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