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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 climb for second week

HOUSTON, December 28, 2017 (PCW) -- US nonfuel use propylene inventories rose 117,000 barrels (4.5%) last week to 2.702 million barrels, the Department of Energy said today. It was the second straight weekly gain and the third in the past four weeks, according to the the department's Energy Information Administration. Still, supplies are almost 44 percent below year-earlier levels.

Meanwhile, US Gulf refinery utilization rates inched up 0.2 percentage point to 96.1%, returning to levels seen the week before Hurricane Harvey struck.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,702
Last week 2,585 117 4.5%
4 weeks ago 2,552 150 5.9%
Year ago 4,787 -2,085 -43.6%
52 week average 2,952 -250 -8.5%
Source: US Energy Information Administration

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