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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 show biggest gain in a year

HOUSTON, October 17, 2018 (PCW) -- US nonfuel use propylene inventories gained 366,000 barrels (18%) to 2.404 million barrels for the week ending October 12, the EIA said today. Inventories have risen in eight of the past twelve weeks but are 312,000 barrels (-11.5%) below the 52-week average of 2.716 million barrels. Refinery operating rates remained high last week, with US Gulf refinery utilzation rising 1.7 percentage points to 96.9%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 2,404
Last week 2,038 366 18.0%
4 weeks ago 1,787 617 34.5%
Year ago 2,907 -503 -17.3%
52 week average 2,716 -312 -11.5%
Source: US Energy Information Administration

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