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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 rise for first time in four weeks

HOUSTON, September 26, 2018 (PCW) -- US nonfuel use propylene inventories increased 15,000 barrels (0.8%) to 1.802 million barrels for the week ending September 21, the EIA said today. The small increase follows a sharp drop of 1.02 million barrels in the prior week that some market observers were viewing as a data correction. Spot propylene prices have been rangebound, despite the drop in reported inventories. Meanwhile, US Gulf refinery utilization fell for the second straight week, down 3.2 percentage points at 93.3%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 1,802
Last week 1,787 15 0.8%
4 weeks ago 3,159 -1,357 -43.0%
Year ago 3,132 -1,330 -42.5%
52 week average 2,768 -966 -34.9%
Source: US Energy Information Administration

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