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Average daily ethanol production, supply up on week

U.S. ethanol production and stocks grew last week.

The U.S. Energy Information Administration says production averaged 1.043 million a day, an increase of 22,000 on the week and 30,000 on the year.

The Renewable Fuels Association says that one measure of demand, net inputs by ethanol refiners and blenders, hit a five-week high, but another, the volume of gasoline supplied to the market, dropped even as gas prices declined across the U.S.

Average daily ethanol production, supply up on week

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