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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 to highest since early 2017

HOUSTON, November 7, 2018 (PCW) -- US nonfuel use propylene inventories shot up for a fourth straight week, rising 505,000 barrels to 3.728 million barrels last week, the EIA said today. It was the largest weekly inventory build in over a year, and it brought propylene stocks to their highest level since January 2017. Propylene inventories have risen in eight of the past twelve weeks and are up nearly 1.7 million barrels over the past four weeks. Meanwhile, US Gulf refinery utilization was up 0.2 percentage point at 96.7%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,728
Last week 3,223 505 15.7%
4 weeks ago 2,038 1,690 82.9%
Year ago 2,573 1,155 44.9%
52 week average 2,754 974 35.4%
Source: US Energy Information Administration

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