Tag: stocks

Ethanol production below market expectations but stocks still build

Ethanol production below market expectations but stocks still build

August 5, 2020 |

In Washington, Platts reports Energy Information Administration data shows ethanol production fell slightly from the week prior to 931,000 barrels per day last week, below market expectations. But even with lower-than-expected production, stocks still rose by 74,000 barrels to 20.346 million barrels with the biggest stock build seen in the Midwest. The East Coast also […]

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Brazilian end-June ethanol stocks up 42% on year

Brazilian end-June ethanol stocks up 42% on year

July 14, 2020 |

In Brazil, Platts reports Ministry of Agriculture and Livestock data shows ethanol stocks at the end of June jumped 42% on the year to 5.96 billion liters, the highest on record since Platts started tracking in 2010. The figure is just 124 million liters above that seen in June 2018, however, leaving analysts to think […]

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Tight Chicago Argo ethanol stocks pushes price to seven-month high

Tight Chicago Argo ethanol stocks pushes price to seven-month high

July 7, 2020 |

In Texas, Platts reports Chicago Argo ethanol prices high a seven-month high this week at $1.53/gal thanks to shrinking stock levels of perhaps just 20% at the Kinder Morgan terminal. The US Army Corps of Engineers is working on a river maintenance project that will limit barge traffic for the terminal, so buyers took additional […]

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Brazilian ethanol stocks hit record high for mid-June

Brazilian ethanol stocks hit record high for mid-June

July 1, 2020 |

In Brazil, Platts reports ethanol stocks were 5.27 billion liters by mid-June, the highest seen for the period since 2010 and similar to what is usually seen in mid-July. Stocks were up nearly 63% compared to mid-June 2019 due to reduced demand brought about by COVID-19 quarantining that has kept drivers off the road. Stocks […]

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Brazilian ethanol stocks were at record high when crush launched April 1

Brazilian ethanol stocks were at record high when crush launched April 1

May 12, 2020 |

In Brazil, Platts reports that agriculture ministry data shows ethanol stocks were the highest ever on record at the start of the sugarcane crush on April 1 at 2.33 billion liters. That figure was 98% higher than at the start of the prior crush while ethanol was scarce and was being imported from the US […]

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Ethanol stocks tumble for first time in six weeks despite higher production

Ethanol stocks tumble for first time in six weeks despite higher production

August 7, 2019 |

In Washington, Platts reports that Energy Information Administration data shows ethanol stocks fell by 1.351 million barrels last week, the first drawdown in stocks in six weeks. Yet stocks would have fallen more if ethanol production hadn’t kept help, increasing 9,000 b/d to an average of 1.04 million barrels per day, despite an estimated .79 […]

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Ethanol production slips but stocks continue to build in Gulf Coast and Midwest

Ethanol production slips but stocks continue to build in Gulf Coast and Midwest

July 11, 2019 |

In Washington, Platts reports that ethanol slipped slightly from the week before to 1.047 million b/d, 35,000 b/d lower than the last full week of June by still 14,000 b/d higher than the year prior. Despite the slight slowdown in production, stocks still rose by 165,000 barrels to 23.009 million barrels with nearly half a […]

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Ethanol stocks fall to lowest level in 2019

Ethanol stocks fall to lowest level in 2019

April 10, 2019 |

In Washington, DTN reports that Energy Information Administration data shows ethanol stocks have fallen nationwide to their lowest level in 2019 so far at 23.2 million barrels, down 800,000 barrels from the week prior. Ethanol production did tick back up, however, passing 1 million barrels per day for the first time since Midwest floods started […]

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Brazilian hydrous ethanol stocks fall by a quarter in just two weeks

Brazilian hydrous ethanol stocks fall by a quarter in just two weeks

February 21, 2018 |

In Brazil, Reuters reports that hydrous ethanol stocks have fallen by a quarter, or 725 million liters, in just two weeks to 2.1 billion liters as of February 1, 5% less than February 1, 2017. Sales during the period were up more than 51% on the year at 1.36 billion liters. Total hydrous ethanol sales […]

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East Coast ethanol stocks drawn down due to exports and hurricane re-supplies

East Coast ethanol stocks drawn down due to exports and hurricane re-supplies

October 17, 2016 |

In New York state, ongoing export demand for ethanol from New York harbor has helped to draw down the East Coast region’s stocks by 762,000 barrels during the week ending October 7. Some of the ethanol stocks headed down to Florida following delays created by Hurricane Matthew. The narrower Argo spread with New York harbor […]

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