Ethanol Blog

Wednesday 12/05/12

Ethanol Stock Volatility Continues
Ethanol inventory levels bounced sharply higher last week according to the latest EIA report. This movement also affected production levels that are anything but consistent during the last two months.[Read Full Blog Post]
Posted at 2:48PM CST 12/05/12 by Rick Kment | Post a Comment
Comments (2)
" ethanol production levels have grown to a five-month high of 35 million gallons per day." Production growing by 35mil per day figure sound wrong. Thsi would be 7 times 35 equal 205 million gallons for the week. If at the beginning of the article, an inventory increase of 42mil gallon is considered excessive. Second comment, to make up for the shortfall in corn harvest, U.S is importing as much as possible from Brazil, early after their harvest.This account for the erratic supply/inventory ( one week up , then a few weeks down. ) But this source of supply will not be there the whole year of 2013. Brazilian harvest is about of sugarcane is about done until April next year.
Posted by Eddy Lahens at 3:29PM CST 12/05/12
" ethanol production levels have grown to a five-month high of 35 million gallons per day." Should read " ethanol production levels have grown 32,000 barrels per day or 1.344 million gallons per day. to reach a total high of 35 million gallons per day. a five-month high figure.
Posted by Eddy Lahens at 3:39PM CST 12/05/12
 
Rising Gasoline Stocks Bodes Ill for Ethanol Demand
Ethanol blending activity leaking lower as gasoline stocks build, demand declines.[Read Full Blog Post]
Posted at 1:07PM CST 12/05/12 | 0 Comments | Post a Comment
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