US Q1 propylene output falls 8.5% year on year – AFPM

01 May 2012 20:18  [Source: ICIS news]

HOUSTON (ICIS)--US first-quarter propylene production totalled 7.10bn lb (3.22m tonnes), an 8.5% drop from 7.76bn lb one year earlier, data from the American Fuel and Petrochemical Manufacturers (AFPM) showed on Tuesday.

Propylene output in the first quarter was also down by 8.2% from 7.74bn lb in the fourth quarter of 2011, the group said.

The figures include production of refinery-sourced and co-product propylene.

US propylene inventories in the first quarter stood at 1.62bn lb, rising by 54.3% from 1.05bn lb one year earlier.

AFPM's quarterly data is based on voluntary reports.

Total propylene production, in billions of pounds

Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012
7.76	7.90	8.10	7.74	7.10

Total propylene inventories, in billions of pounds

Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012
1.05	1.33	1.94	N/A	1.62

 

By: William Lemos
+1 713 525 2653

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