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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 for second week

HOUSTON, October 18, 2017 (PCW) -- US nonfuel use propylene inventories declined 129,000 bbls (4.2%) to 2.907 million bbls for the week of October 13, the Energy Department reported today. It was the fifth drop in the past six weeks, according to the department's Energy Information Administration. Inventories are nearly 11% below the 52-week average of 3.256 million bbls. Meanwhile, Gulf Coast refinery utilization was up almost 5 percentage points at 83.7%.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 2,907
Last week 3,036 -129 -4.2%
4 weeks ago 3,182 -275 -8.6%
Year ago 3,015 -108 -3.6%
52 week average 3,256 -349 -10.7%
Source: US Energy Information Administration

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