Ethanol Production Up 1.5% From Previous Week

 In Regions

In Washington, D.C., ethanol production expanded 1.5%, or 15,000 barrels per day (b/d), to 937,000 b/d—equivalent to 39.35 million gallons daily, accord­ing to EIA data ana­lyzed by the Renewable Fuels Association. The four-week aver­age ethanol pro­duc­tion rate increased 0.3% to 912,000 b/d, equiv­a­lent to an annu­al­ized rate of 13.98 bil­lion gal­lons (bg).

Ethanol stocks grew 1.7% to 20.0 mil­lion bar­rels, which was 9.3% below year-ago vol­umes. Inventories increased in the Gulf Coast (PADD 3) and West Coast (PADD 5) but declined across the other regions.

The volume of gaso­line sup­plied to the U.S. market, a mea­sure of implied demand, retreat­ed by 3.6% to 8.58 mil­lion b/d (131.47 bg annu­al­ized). Gasoline demand remained 8.3% lower than a year ago.

Conversely, refiner/blender net inputs of ethanol jumped 5.0% to 864,000 b/d, equiv­a­lent to 13.25 bg annu­al­ized. This was 8.3% below the year-ear­li­er level as a result of the con­tin­u­ing effects of the COVID-19 pan­dem­ic.

Imports of ethanol arriv­ing into the West Coast were 25,000 b/d, or 7.35 mil­lion gal­lons for the week. This marks the ninth time in twelve weeks that imports were report­ed. (Weekly export data for ethanol is not report­ed simul­ta­ne­ous­ly; the latest export data is as of August 2020.)

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Category: Fuels

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