26 May 2010 20:42 [Source: ICIS news]
HOUSTON (ICIS news)--US propylene inventories fell by more than 2% during the week ended 21 May as refiners continued a gradual slowing of operating rates, the US Energy Information Administration (EIA) said on Wednesday.
It was the third straight drop in non-fuel use propylene inventory after a build in April.
Refinery-sourced propylene stockpiles last week stood at 2.938m bbl, down 2.65% from 3.018m bbl a week earlier.
Non-fuel use propylene, as defined by the EIA, is intended for petrochemical manufacturing, including polymer and chemical-grade propylene.
US weekly non-fuel use propylene inventories - m bbl (EIA)
23 April?xml:namespace> 30 April 7 May 14 May 21 May 2.898 3.064 3.033 3.018 2.938 Percent operable utilisation at US refineries (EIA) 23 April 30 April 7 May 14 May 21 May 88.9 89.6 88.42 87.94 87.84
Percent operable utilisation at US refineries (EIA)
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