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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 rise for fourth straight week

HOUSTON, December 7, 2016 (PCW) -- US nonfuel use propylene inventories rose 48,000 bbls (1.1%) to 4.516 million bbls, setting a fresh 14-month high, the Energy Department reported today. However, the latest inventory build was much smaller than the 408,000 bbls increase a week earlier. Propylene inventories have risen by 1.745 million bbls over the past ten weeks, according to the Energy Department's Energy Information Administration. US Gulf refinery utilization was down 1.1 percentage points to 91.8%.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 4,516
Last week 4,468 48 1.1%
4 weeks ago 3,660 856 23.4%
Year ago 2,962 1,554 52.5%
52 week average 3,243 1,273 39.2%
Source: US Energy Information Administration

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