Ethanol production up 1.8% this week : Biofuels Digest

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In Washington, D.C. ethanol production averaged 1.066 million barrels per day (b/d), an increase of 18,000 b/d, or 1.8%, according to EIA data analyzed by the Renewable Fuels Association. This is equivalent to 44.77 million gallons daily However, the four-week average ethanol production rate decreased 0.4% to 1.066 million b/d, equivalent to an annualized rate of 16.34 billion gallons (bg). Ethanol stocks expanded 1.5% to 23.4 million barrels, an eight-week high. Virtually all of the stocks built in the Gulf Coast district (PADD 3).

Imports of ethanol were 23,000 b/d, or 6.76 million gallons for the week. This was the third time in six weeks that imports were logged. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of May 2019.)

The volume of gasoline supplied dropped 5.5% to 9.214 million b/d (387.0 million gallons per day, or 141.25 bg annualized). Refiner/blender net inputs of ethanol eased 3.5% to 910,000 b/d, equivalent to 13.95 bg annualized. Both were lower following the July 4 holiday week. Expressed as a percentage of daily gasoline demand, daily ethanol production moved to a 22-week high of 11.57%.



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