Ethanol production holds steady while nationwide stocks increase slightly

In Washington, the Energy Information Agency says last week’s ethanol production held steady at 965,000 barrels per day. Stockpiles rose slightly at 32,000 barrels with increased stocks across all regions except for the West Coast, where supplies fell by 217,000 barrels. The ethanol blending rate reached about 9.33%, below the blending Wall of 10%. Gasoline demand increased and with it demand for blending stock.