Ethanol production falls to lowest level in 3.5 years

September 25, 2019 |

In Washington, Platts reports that Energy Information Administration data shows ethanol production fell to its lowest level in 3.5 years last week to an average of 943,000 b/d, 60,000 b/d lower than the prior week, a drop of nearly 6%, and nearly 9% lower that during the same week last year. Platts estimates the crush margin for Chicago Argo ethanol at 7.01 cents/gal, lower than last week’s 7.69 cents/gal. EIA data also showed that ethanol stocks fell in four out of five regions last week to a total of 22.500 million barrels, down 738,000 barrels compared to the week prior.

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Category: Fuels

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