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 |