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NGLs Week

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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 inch up for second week

HOUSTON, August 30, 2017 (PCW) -- US nonfuel use propylene inventories were up 32,000 bbls (1.1%) to 2.856 million bbls for the week ended August 25, the Energy Department reported today. It was the second straight inventory build, and the sixth in the past ten weeks, according to the department's Energy Infromation Administration.

Hurricane Harvey has resulted in the shutdown of many propylene-producing refineries, but propylene consumers are offline as well. Despite the approaching hurricane, Gulf Coast refinery throughput was slightly higher last week at 96% of operable capacity. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 2,856
Last week 2,824 32 1.1%
4 weeks ago 2,817 39 1.4%
Year ago 2,203 653 29.6%
52 week average 3,180 -324 -10.2%
Source: US Energy Information Administration

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