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US nonfuel use propylene supplies decline

HOUSTON, February 3, 2016 (PCW) -- US nonfuel use propylene inventories fell 71,000 bbl (2.2%) to 3.198 million bbl, the Energy Department reported today. Inventories were still 46,000 bbl (1.5%) higher compared with four weeks earlier, according to the department's Energy Information Administration. After peaking above 5 million bbl around mid-2015, nonfuel use propylene inventories dropped steadily to around 3 million bbl in late Nov 2015. They have since been relatively flat, with the past 10 weeks evenly split between inventory builds and draws. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,198
Last week 3,269 -71 -2.2%
4 weeks ago 3,152 46 1.5%
Year ago 4,111 -913 -22.2%
52 week average 4,354 -1,156 -26.5%
Source: US Energy Information Administration

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