US ethanol inventories slip to lowest level in over a year

27 March 2013 20:41  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol stocks continued to decline while production was also down last week, the US Energy Information Administration (EIA) said Wednesday.

Ethanol stocks for the week that ended on 22 March were at 17.4m bbl, down by 1.1m bbl from the previous week.  

Meanwhile, ethanol production was at 805,000 bbl/day, down from 809,000 bbl/day the previous week.

Ethanol production is down by 9.4% from 889,000 bbl/day in the same week a year ago.

Imports were stable at 27,000 bbl.

By: Bobbie Clark
+1 713 525 2653

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