Weekly Ethanol Update – 5/6/20
May 1st Ethanol Run Rates Rebounded 11.4% From the Previous Week’s Record Low Level
May ’20 Ethanol Production up 2.1% MOM but Down 43.1% YOY Through One Week
May 1st Ethanol Stocks Declined 2.8% From the Previous Week, Reaching a Six Week Low
May 1st Weekly Decline in Ethanol Stocks Greatest on the East Coast
May 1st Total Ethanol Stocks Remain up 14.0% YOY, Gulf Coast Stocks up 22.8%
May ’20 Ethanol Stocks Down 5.7% MOM but up 13.0% YOY Through One Week
May ’20 Ethanol Stocks-to-Production Down 8.3% MOM, up 98.8% YOY Through One Week
Mar ’20 Ethanol Exports Declined 0.1% YOY, Apr ’20 Volumes Projected Down 66.4%
May 1st Ethanol Imports Remained at Minimal Levels
May 1st Gasoline Sales Rebounded 13.7% Week-Over-Week, Reaching a Six Week High
May ’20 Gasoline Sales up 25.0% MOM but Down 29.5% YOY Through One Week
May ’20 Gasoline Stocks-to-Consumption Down 21.6% MOM but up 58.8% YOY
May ’20 Ethanol Blend Rate Down 10.0% MOM and 10.5% YOY Through One Week