US propylene stocks rise 1% but refineries run slower

30 June 2010 21:33  [Source: ICIS news]

HOUSTON (ICIS news)--US propylene inventories rose by 1% in the week ended 25 June despite US refineries running slower, the US Energy Information Administration (EIA) said on Wednesday.

Refinery-sourced propylene stockpiles last week stood at 3.224m bbl, up from 3.188m bbl in the week ended 18 June.

US refineries last week operated at 88.4% of capacity, down from 89.4% a week earlier, according to EIA data.

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)
25 Jun	18 Jun	11 Jun	04 Jun	28 May
3.224	3.188	3.218	3.396	3.233

Percent operable utilisation at US refineries (EIA)
25 Jun	18 Jun	11 Jun	04 Jun	28 May
88.4	89.4	87.9	89.1	87.50

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By: William Lemos
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