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US nonfuel use propylene stocks up 25% in four weeks
HOUSTON, October 19, 2016 (PCW) -- US nonfuel use propylene inventories rose by 240,000 bbls (8.6%) to 3.015 million bbls, the Energy Department reported today. Seven of the past ten weeks have seen propylene inventory builds, and inventories are now at levels not seen since mid-July, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization inched up 0.1 percentage point to 86.1%.
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||2,405||610||25.4%|
|52 week average||3,186||-171||-5.4%|
|Source: US Energy Information Administration|