US propylene stocks fall 1.6%, refinery rates up - EIA

20 October 2010 22:32  [Source: ICIS news]

HOUSTON (ICIS)--US propylene inventories fell by 1.6% in the week ended 15 October despite higher operating rates at US refineries, the US Energy Information Administration (EIA) said on Wednesday.

Refinery-sourced propylene stockpiles last week stood at 2.111m bbl, down from 2.145m bbl in the week ended 8 October.

Meanwhile, US refineries last week operated at 82.5% of capacity, up from 81.9% a week earlier, the EIA said.

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)
15 Oct	08 Oct	01 Oct	24 Sep	17 Sep
2,111	2.145	2.456	2.493	2.559

Percent operable utilisation at US refineries (EIA)
15 Oct	08 Oct	01 Oct	24 Sep	17 Sep
82.5	81.9	83.1	85.8	87.8

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By: William Lemos
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