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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|
|4 weeks ago||3,350||-558||-16.7%|
|52 week average||2,875||-83||-2.9%|
|Source: US Energy Information Administration|