US ethanol demand grew slightly last week as production and stocks continued to expand.
The Renewable Fuels Association reports the volume of gasoline supplied to the market rose nearly 1% as minimal holiday travel commenced, but was still 13.8% below a year ago.
Ethanol production rose by 2%, or 18,000 barrels a day to 976,000 barrels – equivalent to 40.99 million gallons, but remains more than 9% below year ago levels.