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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 gain since February

HOUSTON, May 31, 2018 (PCW) -- US nonfuel use propylene inventories gained 198,000 barrels (7.1%) to 2.976 million barrels for the week ending May 25, the EIA said today. It was the largest single-week increase since the week of Feb 9. Propylene inventories have risen in four of the past twelve weeks, and are currently 117,000 barrels (4.1%) higher than the 52-week average. US Gulf refinery utilization was up 2.7 percentage points at 93.4%, the highest throughput since early Apr. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,976
Last week 2,778 198 7.1%
4 weeks ago 2,770 206 7.4%
Year ago 3,033 -57 -1.9%
52 week average 2,859 117 4.1%
Source: US Energy Information Administration

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