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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 have biggest drop in more than a year

HOUSTON, March 21, 2018 (PCW) -- US nonfuel use propylene inventories fell 322,000 barrels (9.6%) to 3.35 million barrels for the week ending March 16, the EIA said today. It was the largest weekly decline since Feb 2017, but only the fourth drop in the past twelve weeks. Propylene inventories remained higher than the 52-week average of 2.852 million barrels. Upstream, US Gulf refinery utilization climbed 2.8 percentage points to 92.6%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,028
Last week 3,350 -322 -9.6%
4 weeks ago 3,253 -225 -6.9%
Year ago 2,450 578 23.6%
52 week average 2,852 176 6.2%
Source: US Energy Information Administration

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