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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 drop for first time in six weeks

HOUSTON, November 21, 2018 (PCW) -- US nonfuel use propylene inventories fell by 392,000 barrels (-9.9%) to 3.573 million barrels for the week ended November 16, the EIA said today. It was the first inventory draw in six weeks, and inventories were nearly 28% above the 52-week average of 2.799 million barrels. Inventories have fallen in five of the past twelve weeks. Meanwhile, US Gulf refinery utilization rebounded 1.7 percentage points to 95.5%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,573
Last week 3,965 -392 -9.9%
4 weeks ago 2,791 782 28.0%
Year ago 2,601 972 37.4%
52 week average 2,799 774 27.7%
Source: US Energy Information Administration

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