Ethanol stocks fall in Midwest and Gulf Coasts despite slightly higher production

In Washington, the Energy Information Agency says ethanol stocks fell to 18.291 million barrels the week ending Sept. 11, down 351,000 barrels on the week and the lowest seen since Dec. 26. Stocks fell primarily in the Midwest and Gulf Coast despite production recovering slightly to 961,000 b/d. Though 12,000 barrels a day of imports were reported the week ending Aug. 28, no imports have landed since then. Gasoline demand based on a four-week rolling average fell 180,000 b/d, compared to ethanol demand that only fell 8,000 b/d.

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