Attend PetroChem Wire's FREE Half-Day Seminar in Houston

You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.

With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.

You can also network at our cocktail reception following the presentations.

Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010

When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)

Speakers include:

Kathy Hall, CEO and Executive Editor, PCW

David Barry, Senior Editor, PCW

Robert Sharp, Senior Editor, PCW

Samantha Hartke, Product Manager, PCW

Trey Hamblett, VP of Chemicals Research, IIR Energy

US nonfuel use propylene supplies rise eighth week in past nine

HOUSTON, March 14, 2018 (PCW) -- US nonfuel use propylene inventories were up 106,000 barrels (3.3%) last week at 3.350 million barrels, the EIA said today. The inventory build erased the previous week's draw and was the ninth uptick in the past twelve weeks. Propylene inventories are now 509,000 barrels (17.9%) above the 52-week average of 2.841 million barrels. Meanwhile, US Gulf refinery utilization was up 2.0 percentage points at 89.8%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,350
Last week 3,244 106 3.3%
4 weeks ago 3,203 147 4.6%
Year ago 2,447 903 36.9%
52 week average 2,841 509 17.9%
Source: US Energy Information Administration

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