<article><p class="lead">US ethanol stocks fell just over 1pc for the week, trailing US ethanol production and ethanol blending losses on the week, according to data from the Energy Information Administration (EIA). </p><p>US ethanol stocks lost 295,000 bl to 22.84mn bl for the week ending 9 September. Still, the latest stocks were up 14.2pc compared with a year earlier and 15.4pc higher than two years prior. </p><p>East coast stocks led declines, falling by 7.8pc to 6.9mn bl on the week. Midcontinent stocks partially offset the decline, rising by 3.3pc to 8.8mn bl on the week.</p><p>Ethanol production fell by 2.6pc to 963,000 b/d on the week. Ethanol production was up 2.8pc from a year earlier and 4pc higher than two years prior.In the midcontinent production fell the most, off by 3.1pc to 902,000 b/d on the week, reaching the lowest level since late April.</p><p>Implied gasoline demand fell 2.7pc to 8.5mn b/d for the week, hitting its lowest since the week ended 19 August.</p><p>Weekly ethanol blending figures fell by 11,000 b/d to 894,000 b/d, marking a 1.2pc decrease from the previous week's figures. The latest weekly figures were 0.4pc lower on the year and 5.8pc higher than two years ago. </p><p class="bylines">By Conor O'Brien</p></article>
