US ethanol inventories fall even as production rises

22 May 2013 20:52  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol stocks fell by 1.5% for the week ending 17 May, as production increased, the US Energy Information Administration (EIA) said on Wednesday.

Ethanol stocks for the week that ended on 17 May were at 16.2m bbl, down from 16.4m bbl the previous week.

Meanwhile, ethanol production was at 875,000 bbl/day, up from 857,000 bbl/day the previous week.

Ethanol production is down by 4.8% from 919,000 bbl/day in the same week a year ago.

There were no imports for the week, steady with the prior week.

By: Bobbie Clark
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