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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 drop for fourth week

HOUSTON, April 11, 2018 (PCW) -- US nonfuel use propylene inventories last week fell 41,000 barrels (1.4%) to 2.792 million barrels, the fourth consecutive weekly drop, according to today's EIA data release. Propylene inventories have shed 558,000 barrels (16.7%) over the past four weeks and have dipped below the 52-week average of 2.875 million barrels. Last week US Gulf refinery utilization was down 0.2 percentage point at 94.1%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,792
Last week 2,833 -41 -1.4%
4 weeks ago 3,350 -558 -16.7%
Year ago 2,382 410 17.2%
52 week average 2,875 -83 -2.9%
Source: US Energy Information Administration

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