| Weekly Ethanol production was down this week at 895 vs the last update at 900 k bbls per day.. | 2013-Sep | 09/06 | 848 | 09/13 | 838 | 09/20 | 832 | 09/27 | 875 | | | | 2013-Oct | 10/04 | 868 | 10/11 | 869 | 10/18 | 897 | 10/25 | 911 | | | | 2013-Nov | 11/01 | 902 | 11/08 | 927 | 11/15 | 904 | 11/22 | 927 | 11/29 | 913 | | 2013-Dec | 12/06 | 944 | 12/13 | 928 | 12/20 | 926 | 12/27 | 913 | | | | | | 2014-Jan | 01/03 | 919 | 01/10 | 868 | 01/17 | 905 | 01/24 | 900 | 01/31 | 895 |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_YOP_NUS_MBBLD&f=W Refiner and Blenders net input (domestic demand) declined to 801 thousand barrels Per Day vs Last weeks 815. Winter driving doldrums.. continue.. expect improvement in spring. | 2013-Sep | 09/06 | 834 | 09/13 | 842 | 09/20 | 852 | 09/27 | 846 | | | | 2013-Oct | 10/04 | 868 | 10/11 | 857 | 10/18 | 851 | 10/25 | 870 | | | | 2013-Nov | 11/01 | 859 | 11/08 | 874 | 11/15 | 853 | 11/22 | 837 | 11/29 | 837 | | 2013-Dec | 12/06 | 826 | 12/13 | 827 | 12/20 | 876 | 12/27 | 808 | | | | | | 2014-Jan | 01/03 | 756 | 01/10 | 797 | 01/17 | 802 | 01/24 | 815 | 01/31 | 801 |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yir_nus_mbbld&f=w So the stocks.. we got a draw here at 16,739 thousand barrels vs 16,932 last week. | 2013-Sep | 09/06 | 16,269 | 09/13 | 16,178 | 09/20 | 15,613 | 09/27 | 15,509 | | | | 2013-Oct | 10/04 | 15,390 | 10/11 | 15,419 | 10/18 | 15,499 | 10/25 | 14,961 | | | | 2013-Nov | 11/01 | 15,165 | 11/08 | 15,153 | 11/15 | 15,083 | 11/22 | 15,022 | 11/29 | 15,124 | | 2013-Dec | 12/06 | 15,448 | 12/13 | 15,625 | 12/20 | 15,660 | 12/27 | 15,582 | | | | | | 2014-Jan | 01/03 | 16,138 | 01/10 | 16,078 | 01/17 | 17,018 | 01/24 | 16,932 | 01/31 | 16,739 |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_SAE_NUS_MBBL&f=W So 895 - 801 = 94 with a stocks reduction of (16,932 -16,739 / 7 =) 27.6 = 121.6 thousand barrels per day that went towards exports vs 127 last week. Another very good week on the exports!! 801 domestic + 121.6 = 922.6 disappearance vs last week's 924 is still pretty good and above the 907'ish number USDA is using. This was another good report!!
stocks target of 20,000 by summer driving season - 16,739 = 3,261 / 67 days = 48.7 needed per week.. 6.95 per day to get back on track.. still need to step it up on the production side.
fwiw.. "Cheers." |
Ethanol exports.. Another good week.
