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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 second week

HOUSTON, September 12, 2018 (PCW) -- US nonfuel use propylene inventories fell by 25,000 barrels (-0.9%) last week to 2.807 million barrels, the EIA said today. It was the second consecutive inventory draw, but much smaller than the 325,000 barrel dip last week. Propylene inventories have declined in four of the past twelve weeks and currently stand just 13,000 barrels below the 52-week average.

Meanwhile, US Gulf refinery utilization for the week ended September 7 was up 1.4 percentage points at 98.6%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,807
Last week 2,832 -25 -0.9%
4 weeks ago 2,957 -150 -5.1%
Year ago 3,378 -571 -16.9%
52 week average 2,820 -13 -0.5%
Source: US Energy Information Administration

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