Information from the Energy Information Administration (EIA) indicates that US ethanol production rose in August to an all-time high. August 2010 ethanol production averaged more than 869,000 barrels a day (bpd), up from 857,000 bpd in July.
Information from the Energy Information Administration (EIA) indicates that US ethanol production rose in August to an all-time high. August 2010 ethanol production averaged more than 869,000 barrels a day (bpd), up from 857,000 bpd in July.
Ethanol demand, as calculated by the RFA, also reached an all-time high as well at 911,000 bpd in August, up from 734,000 bpd a year ago. EIA also reported fuel ethanol imports of 420,000 gallons in April.
EIA data indicated that US biofuel producers exported 29.6 million gallons of ethanol (both denatured and undenatured, non-beverage alcohol) in August, up 18% from July. Year-to-date ethanol exports stand at 212 million gallons, nearly double the amount of total exports in 2009.
Total exports in August were the third highest of the year, trailing only March and April. The US remains on pace to export more than 300 million gallons of ethanol in 2010, equivalent to roughly 2.5% of expected domestic production.
In particular, exports of un-denatured, non-beverage ethanol surged in August, jumping by 360% from July. Exports of un-denatured, non-beverage product totaled 12.5 million gallons. The Netherlands, Philippines, Mexico, and Brazil, in that order, were top export markets for un-denatured ethanol.
Denatured ethanol exports actually fell off slightly from August. Canada remained the top importer of denatured ethanol, bringing in 10.2 million gallons. Jamaica and the UK were also top importers of denatured product in August.
Source Biofuels International