07-18-18 RFA: Weekly Ethanol Production for 7/6/2018

RFA: Weekly Ethanol Production for 7/6/2018

Here is the weekly ethanol production data for the week ended 7/13/2018.
According to EIA data analyzed by the Renewable Fuels Association, ethanol production rebounded to an average of 1.064 million barrels per day (b/d)—or 44.69 million gallons daily. That is a 32,000 b/d (3.0%) upturn from the week before. The four-week average for ethanol production remained firm at 1.059 million b/d for an annualized rate of 16.23 billion gallons.

Stocks of ethanol were 21.8 million barrels. Reserves narrowed 2.7% from last week.
There were zero imports recorded for the 32nd week in a row.
Average weekly gasoline demand rallied 4.7% to 407.7 million gallons (9.708 million barrels) daily. This is equivalent to 148.82 billion gallons annualized. Refiner/blender input of ethanol pared back for the second straight week, slipping 1.8% to 913,000 b/d. This is equivalent to 14.00 billion gallons annualized and the softest demand in six weeks. The ethanol content in gasoline supplied to the market averaged 9.40%, down from 10.03% the previous week and 9.60% a year ago.
Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 10.96%.
If you have any questions, please contact the RFA.
The Renewable Fuels Association (RFA)
is the leading trade association for America’s ethanol industry. Its mission is to advance the development, production, and use of ethanol fuel by strengthening America’s ethanol industry and raising awareness about the benefits of renewable fuels. RFA’s members are working to help America become cleaner, safer, more energy independent and economically secure.