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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 increase

HOUSTON, August 22, 2018 (PCW) -- US nonfuel use propylene inventories were up 151,000 barrels (5.1%) at 3.108 million barrels for the week ended August 17, the EIA said today. It was the seventh straight weekly stock build, bringing inventories to a six-month high. Propylene inventories have risen in seven of the past twelve weeks and now stand almost 10% above the 52-week average. Meanwhile, US Gulf refinery utilization fell 0.3 percentage point to 99.4%, just shy of the previous week's record throughput levels.  --

 

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,108
Last week 2,957 151 5.1%
4 weeks ago 2,716 392 14.4%
Year ago 2,824 284 10.1%
52 week average 2,837 271 9.6%
Source: US Energy Information Administration

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