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NGLs Week

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NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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US nonfuel use propylene supplies drop first time in six weeks

HOUSTON, October 5, 2016 (PCW) -- US nonfuel use propylene inventories fell by 32,000 bbls (1.2%) to 2.771 million bbls, the Energy Department reported today. It was the first drop in six weeks, and inventories are still up almost 18% versus four weeks ago, according to the department's Energy Information Administration. The decline comes at a time when several refineries have FCC units offline for maintenance, including Marathon's Garyville, LA, refinery and Shell's refinery in Deer Park, TX. US Gulf refinery utilization was down 1 percentage point last week at 89.4%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 2,739
Last week 2,771 -32 -1.2%
4 weeks ago 2,324 415 17.9%
Year ago 4,457 -1,718 -38.5%
52 week average 3,244 -505 -15.6%
Source: US Energy Information Administration

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