Weekly Ethanol Update – 7/8/20
Jul 3rd Ethanol Run Rates Increased 1.6% Week-Over-Week, Reaching a 15 Week High
Jul ’20 Ethanol Production up 5.3% MOM but Down 12.6% YOY Through One Week
Jul 3rd Ethanol Stocks Rebounded 2.3% From the Previous Week’s Three Year Low Level
Jul 3rd Weekly Increases in Ethanol Stocks Greatest in the Midwest
Jul 3rd Total Ethanol Stocks Remain Down 10.4% YOY, Midwest Stocks Down 14.1%
Jul ’20 Ethanol Stocks Down 2.2% MOM and 12.7% YOY Through One Week
Jul ’20 Ethanol Stocks-to-Production Down 7.3% MOM and 0.2% YOY Through One Week
May ’20 Ethanol Exports Declined 31.6% YOY, Jun ’20 Volumes Projected up 6.1%
Jul 3rd Ethanol Imports Increased to a Seven Month High Level
Jul 3rd Gasoline Sales Increased 2.4% Week-Over-Week, Reaching a 15 Week High
Jul ’20 Gasoline Sales up 6.5% MOM but Down 8.2% YOY Through One Week
Jul ’20 Gasoline Stocks-to-Consumption Down 8.1% MOM, up 18.5% YOY Through One Week
Jul ’20 Ethanol Blend Rate Down 0.7% MOM and 1.3% YOY Through One Week