Ethanol production down 0.6% over previous week

April 10, 2022 |

In Washington, D.C., ethanol production pared back by 33,000 barrels per day (b/d), or 3.2%, to 1.003 million b/d, equivalent to 42.13 million gallons daily, according to EIA data analyzed by the Renewable Fuels Association. Production was 2.9% more than the same week last year and 7.4% above the five-year average for the week. The four-week average ethanol production volume decreased 0.6% to 1.027 million b/d, equivalent to an annualized rate of 15.74 billion gallons (bg).

Ethanol stocks thinned for the first time in five weeks, declining 2.4% to 25.9 million barrels. Stocks were 25.5% higher than a year ago and 12.0% above the five-year average. Inventories declined across all regions except the Rocky Mountains (PADD 4).

The volume of gasoline supplied to the U.S. market, a measure of implied demand, increased 0.7% to 8.56 million b/d (131.26 bg annualized). Demand was 2.5% less than a year ago but 1.4% above the five-year average.

Refiner/blender net inputs of ethanol rose 1.3% to 858,000 b/d, equivalent to 13.15 bg annualized. Net inputs were 2.3% less than a year ago but 4.4% above the five-year average.

There were no imports of ethanol for the tenth consecutive week. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of February 2022.)

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Category: Fuels

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