US ethanol output and stocks decline on weak demand

Newswire

* Output slows; inventories slip 0.1 pct * Production 4-week avg down slightly from last year * Weak gasoline demand keeps ethanol stockpiles high March 28 (Reuters) - U.S. ethanol production fell last week, and stockpiles slipped from a record high as overall demand remained sluggish, the Energy Information Administration reported on Wednesday. U.S. ethanol production totaled 889,000 barrels per day in the seven days to March 23, down from 893,000 bpd for the previous week's ...

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