US propylene stocks, refinery rates steady - EIA

27 April 2011 19:30  [Source: ICIS news]

HOUSTON (ICIS)--US propylene inventories and refinery operating rates were steady during the week ended 22 April, government data showed on Wednesday.

Refinery-sourced propylene inventories stood at 1.573m bbl, down by a slight 0.7% from a week earlier, the US Energy Information Administration (EIA) said.

US refineries operated at 82.7% of capacity, up from 82.5% in the week ended 15 April, according to the government.

EIA figures refer to non-fuel-use propylene, which is intended for petrochemical manufacturing, including polymer-grade propylene and chemical-grade propylene.

Refinery-grade propylene for May traded at 90.75 cents/lb ($2,001/tonne, €1,361/tonne) on Wednesday, up from a deal done at 79.50 cents/lb in the first week of the month.

US weekly non-fuel-use propylene inventories – m bbl (EIA)

22 April

15 April

8 April

1 April

25 Mar

1.573

1.584

1.523

1.630

1.736

For more on propylene, visit ICIS chemical intelligence

($1 = €0.68)


By: William Lemos
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly