US propylene stocks rise 5%, refineries run near 2010 high

04 August 2010 23:07  [Source: ICIS news]

HOUSTON (ICIS)--US propylene inventories rose by 5% in the week ended 30 July as US refineries ran at their second-highest level in 2010, the US Energy Information Administration (EIA) said on Wednesday.

Refinery-sourced propylene stockpiles last week stood at 3.037m bbl, up from 2.886m bbl in the week ended 23 July.

US refineries last week operated at 91.2% of capacity, trailing 91.5% in mid July, the highest operating rate so far this year.

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)

30 Jul

23 Jul

16 Jul

09 Jul

02 Jul

3.037

2.886

3.143

3.128

3.365

 

Percent operable utilisation at US refineries (EIA)

30 Jul

23 Jul

16 Jul

09 Jul

02 Jul

91.2

90.6

91.5

90.5

89.8

For more on propylene, visit ICIS chemical intelligence
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By: William Lemos
+1 713 525 2653



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