US ethanol stocks reach eight-month high

Across the US, national ethanol stocks have reached their highest level since May 27 at 19.8 million barrels, partly thanks to an increase of 400,000 barrels on the East Coast. West Coast stocks remained static at around 2.4 million barrels while the Gulf Coast and Rockies also stayed steady. The only draw down was in the Midwest where stocks fell by 400,000 barrels.