Weekly Ethanol Update – 11/4/20
Oct 30th Ethanol Run Rates Increased 2.1% Week-Over-Week, Reaching a Seven Month High
Oct ’20 Ethanol Production Finished up 2.4% MOM but Down 4.9% YOY
Oct 30th Ethanol Stocks Rebounded 0.4% From the Previous Week’s 46 Month Low Level
Oct 30th Weekly Increase in Ethanol Stocks Greatest in the Midwest
Oct 30th Total Ethanol Stocks Remain Down 10.1% YOY, Gulf Coast Stocks Down 29.6%
Oct ’20 Ethanol Stocks Finished Down 0.7% MOM and 7.9% YOY
Oct ’20 Ethanol Stocks-to-Production Finished Down 3.0% MOM and 3.2% YOY
Sep ’20 Ethanol Exports Declined 19.6% YOY However Oct ’20 Volumes Projected Flat YOY
Oct 30th Ethanol Imports Rebounded to a Positive Level for the 11th Time in 15 Months
Oct 30th Gasoline Sales Declined 2.4% From the Previous Week
Oct ’20 Gasoline Sales Finished up 0.6% MOM but Down 10.7% YOY
Oct ’20 Gasoline Stocks-to-Consumption Finished Down 1.9% MOM but up 13.0% YOY
Oct ’20 Ethanol Blend Rate Finished Flat MOM but up 1.4% YOY