RFA Weekly Ethanol Production For 10/6/2017

Here is the weekly ethanol production data for the week ended 10/6/2017.

According to EIA data analyzed by the Renewable Fuels Association, average ethanol production contracted by 4.3% to 967,000 barrels per day (b/d)—or 40.61 million gallons daily. 

That is down 43,000 b/d from the week before, representing the smallest volume in 51 weeks. 

The four-week average for ethanol production decreased to a 21-week low of 1.001 million b/d, yielding an annualized rate of 15.35 billion gallons.

Stocks of ethanol remained at 21.5 million barrels for the second straight week.

Imports of ethanol remained flat at zero b/d for the fourth week in a row.

Average weekly gasoline demand increased 2.6% to 398.2 million gallons (9.480 million barrels) daily. This is equivalent to 145.3 billion gallons annualized. Refiner/blender input of ethanol increased 0.8% to 937,000 b/d, equivalent to 14.36 billion gallons annualized.

Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 10.20%.

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