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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 sixth straight week

HOUSTON, February 22, 2018 (PCW) -- US nonfuel use propylene inventories were up 50,000 barrels (1.6%) at 3.253 million barrels last week, the sixth consecutive increase, according to the Department of Energy. Propylene inventories have risen in nine of the past twelve weeks and are now 462,000 barrels (16.6%) above the 52-week average. Meanwhile, Gulf Coast refinery utilization was down for a second straight week at 86.8%, versus 89.4% in the prior week. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,253
Last week 3,203 50 1.6%
4 weeks ago 2,637 616 23.4%
Year ago 2,868 385 13.4%
52 week average 2,791 462 16.6%
Source: US Energy Information Administration

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