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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 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
000 bbl Current Week
Change
Percentage
change
Current week 3,015
Last week 2,775 240 8.6%
4 weeks ago 2,405 610 25.4%
Year ago 4,440 -1,425 -32.1%
52 week average 3,186 -171 -5.4%
Source: US Energy Information Administration

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