| 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) | |
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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2010 | 324 | 519 | 1,153 | 973 | 414 | 387 | 603 | 707 | 929 | 834 | 930 | 1,717 | 2011 | 1,364 | 1,425 | 2,003 | 2,865 | 1,743 | 1,604 | 3,036 | 1,246 | 2,525 | 2,895 | 3,634 | 4,117 | 2012 | 1,819 | 1,785 | 1,992 | 1,775 | 1,397 | 1,410 | 1,519 | 1,206 | 1,191 | 1,284 | 965 | 1,313 | 2013 | 1,518 | 1,017 | 1,312 | 967 | 952 | 796 | 830 | 1,182 | 1,299 | 1,206 | 2,134 | 1,525 | 2014 | 2,091 | 1,517 | 2,059 | 1,659 | 1,265 | 1,378 | 1,599 | 1,292 | 1,353 | 1,949 | 2,114 | 1,872 | | 2015 | 1,640 | 1,662 | 2,057 | 1,761 | 1,497 | 1,499 | 1,716 | 1,272 | 1,492 | 1,792 | 1,427 | 1,995 | 2016 | 2,297 | 2,027 | 2,614 | 2,922 | 1,628 | 1,295 | 1,955 | 2,179 | 2,346 | 2,946 | 3,074 | 2,583 | 2017 | 2,844 | 3,605 | 3,023 | 2,115 | 2,862 | 2,297 | 2,822 | 2,285 | 2,011 | 2,488 | 2,565 | 4,175 | 2018 | 2,104 | 5,298 | 5,122 | 3,866 | 2,280 | 3,609 | 2,487 | 2,942 | 2,141 | 4176 |
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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