07 March 2012 22:47 [Source: ICIS news]
Propylene inventories were at 4.363m bbl in the week that ended on 2 March, down from 4.732m bbl a week earlier, the government said.
Meanwhile, US refineries operated at 83.9% of capacity, up from 83.6% in the week that ended on 24 February, EIA's statistics showed.
Refinery-grade propylene (RGP) for April was offered on Wednesday at 71 cents/lb ($1,565/tonne, €1,189/tonne) with no bids. RGP traded last week at 68 and 69 cents/lb.
EIA figures refer to non-fuel refinery-sourced propylene.
US weekly non-fuel use propylene inventories – m bbl (EIA)
($1 = €0.76)
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