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Census data supports Ethanol exports .
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JonSCKs
Posted 12/7/2018 08:32 (#7154991)
Subject: Census data supports Ethanol exports .


Trigg Cronan on DTN says that US Census data shows ethanol exports for October at 4,176 k bbls.. which would be the highest since March.

My Weekly update GUESSES at what these numbers could be but it's not always the case as there is some leakage to other uses.. Seasonally we do see higher exports of ethanol through the winter.. and 2018 is on track to be a RECORD ethanol export year.

Interesting.. fwiw.

( https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPOOXE_EEX_NUS-Z00_MBBL&f=M )

U.S. Exports of Fuel Ethanol (Thousand Barrels)
 

 

YearJanFebMarAprMayJunJulAugSepOctNovDec
  20103245191,1539734143876037079298349301,717
  20111,3641,4252,0032,8651,7431,6043,0361,2462,5252,8953,6344,117
  20121,8191,7851,9921,7751,3971,4101,5191,2061,1911,2849651,313
  20131,5181,0171,3129679527968301,1821,2991,2062,1341,525
  20142,0911,5172,0591,6591,2651,3781,5991,2921,3531,9492,1141,872
 
  20151,6401,6622,0571,7611,4971,4991,7161,2721,4921,7921,4271,995
  20162,2972,0272,6142,9221,6281,2951,9552,1792,3462,9463,0742,583
  20172,8443,6053,0232,1152,8622,2972,8222,2852,0112,4882,5654,175
  20182,1045,2985,1223,8662,2803,6092,4872,9422,1414176

It is EXPECTED that ethanol exports (especially given how CHEAP ETHANOL is right now) should remain pretty stout.. through the winter..

??

However, the Trade Deficit WIDENED as CHINA continues to SHUN US Exports WHILE STILL BEING ALLOWED to Sell to the US.. which of course will not continue..

China remains on the Clock to FIX this imbalance..

( https://www.census.gov/foreign-trade/Press-Release/current_press_release/ft900.pdf )






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