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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 slip

HOUSTON, June 6, 2018 (PCW) -- US nonfuel use propylene inventories fell 15,000 barrels (0.5%) to 2.961 million barrels for the week ending Jun 1, the EIA said today. Inventories are still 26,000 barrels higher than four weeks ago, and inventories have declined in nine of the past twelve weeks. Meanwhile, US Gulf refinery utilization climbed 1.2 percentage points to 94.6%, the highest rate since early January 2018. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,961
Last week 2,976 -15 -0.5%
4 weeks ago 2,935 26 0.9%
Year ago 2,794 167 6.0%
52 week average 2,862 99 3.5%
Source: US Energy Information Administration

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