NEWS
Wed Jul 30, 2014 11:25 AM CDT

CRANBURY, N.J. (DTN) -- U.S. ethanol supply spiked 700,000 barrels (bbl) to an 18.6 million bbl nearly 17-month high during the week-ended July 25, the Energy Information Administration reported Wednesday, with supply builds occurring along the East and Gulf coasts.

The sharp increase in supply comes despite a modest decline in production from domestic ethanol plants, while blending demand nudged up to a three-week high. EIA reported 7,000 barrels per day (bpd) in ethanol imports for the week profiled.

Ethanol stocks in the PADD 1 East Coast increased 300,000 bbl to 6.8 million bbl last week while Gulf Coast supply ...

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