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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 first time in six weeks

HOUSTON, July 11, 2018 (PCW) -- US nonfuel use propylene inventories were up 26,000 barrels (1.1%) at 2.350 million barrels for the week ending July 6, the EIA said today. It was the first inventory build in six weeks, but inventories are still down 626,000 barrels (21%) from their recent peak of 2.976 million barrels in late May. Propylene inventories are 17.1% below the 52-week average of 2.836 million barrels. Meanwhile, US Gulf refinery utilization fell off 0.6 percentage point at 97%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,350
Last week 2,324 26 1.1%
4 weeks ago 2,873 -523 -18.2%
Year ago 2,823 -473 -16.8%
52 week average 2,836 -486 -17.1%
Source: US Energy Information Administration

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