US ethanol production rises to 15.05B gallons, a five week high: EIA

In Washingtion, According to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 998,000 barrels per day (b/d)—or 41.92 million gallons daily. That is up 36,000 b/d from the week before and a five-week high. The four-week average for ethanol production stood at 982,000 b/d for an annualized rate of 15.05 billion gallons. Stocks of ethanol stood at 19.0 million barrels. That is a 1.8% decrease from last week and the lowest since November 2015. Imports of ethanol were zero b/d for the eighth straight week.

Gasoline demand for the week averaged 369.5 million gallons (8.798 million barrels) daily. Refiner/blender input of ethanol averaged 915,000 b/d. That means gasoline supplied to the market contained an average of 10.4% ethanol, the second time in the last four weeks over 10.0%. Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.34%.

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