Weekly Ethanol Update – 6/24/20
Jun 19th Ethanol Run Rates Increased 6.2% Week-Over-Week, Reaching a 13 Week High
Jun ’20 Ethanol Production up 27.3% MOM but Down 20.8% YOY Through Three Weeks
Jun 19th Ethanol Stocks Declined 1.5% From the Previous Week, Reaching a 25 Week Low
Jun 19th Weekly Declines in Ethanol Stocks Greatest in the Midwest
Jun 19th Total Ethanol Stocks Down 2.5% YOY, West Coast Stocks Down 15.0%
Jun ’20 Ethanol Stocks Down 10.2% MOM and 2.6% YOY Through Three Weeks
Jun ’20 Ethanol Stocks-to-Production Down 30.2% MOM, up 23.2% YOY Through Three Weeks
Apr ’20 Ethanol Exports Declined 33.8% YOY, May ’20 Volumes Projected up 9.5%
Jun 19th Ethanol Imports Remained at Minimal Levels
Jun 19th Gasoline Sales Increased 9.4% Week-Over-Week, Reaching a 13 Week High
Jun ’20 Gasoline Sales up 14.0% MOM but Down 16.1% YOY Through Three Weeks
Jun ’20 Gasoline Stocks-to-Consumption up 32.0% YOY Through Three Weeks
Jun ’20 Ethanol Blend Rate up 3.5% MOM and Flat YOY Through Three Weeks