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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 decline

HOUSTON, July 12, 2017 (PCW) -- US nonfuel use propylene inventories dropped 83,000 bbls (2.9%) to 2.823 million bbls for the week ending July 7, the Energy Department reported today. It was the fifth decline in the past eight weeks, according to the department's Energy Information Administration. Propylene stocks were 327,000 bbls (10%) below the 52-week average. US Gulf refinery utilization last week climbed 1.6 percentage points to 96.7%.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,823
Last week 2,906 -83 -2.9%
4 weeks ago 2,799 24 0.9%
Year ago 3,245 -422 -13.0%
52 week average 3,150 -327 -10.4%
Source: US Energy Information Administration

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