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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 fifth week

HOUSTON, November 15, 2018 (PCW) -- US nonfuel use propylene inventories rose for a fifth consecutive week, gaining 237,000 barrels to 3.965 million barrels, the EIA said today. It was the highest stock level since January 2017. Propylene inventories have climbed 2.178 million barrels from their recent low in early September, and now stand 1.185 million barrels (42.6%) above the 52-week average. Upstream, US Gulf refinery utilization fell by 2.9 percentage points to 93.8%, but throughput remained slightly above average for this time of year. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,965
Last week 3,728 237 6.4%
4 weeks ago 2,404 1,561 64.9%
Year ago 2,622 1,343 51.2%
52 week average 2,780 1,185 42.6%
Source: US Energy Information Administration

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