Ethanol stocks fall as product moves out of the Midwest and exports rise

April 18, 2019 |

In Washington, Platts reports Energy Information Administration data shows that ethanol stocks fell for the third straight week last week to 22.2676 million barrels, down more than half a million barrels on the week, despite ethanol production averaging 1.016 million b/d, 14,000 b/d higher than the week before. Demand for exports are likely the main reason for falling stocks with the Gulf Coast region losing 394,000 barrels to 4.152 million barrels, while Midwest stocks also fell sharply to 8.535 million, down 318,000 barrels on the week.

Print Friendly, PDF & Email

Tags: , ,

Category: Producer News

Thank you for visting the Digest.