US propylene stocks rise 0.6% amid higher refinery rates

28 November 2012 21:31  [Source: ICIS news]

HOUSTON (ICIS)--US propylene inventories rose slightly last week amid increased operating rates at US refineries, data from the US Energy Information Administration (EIA) showed on Wednesday.

US propylene inventories stood at 4.212m bbl in the week that ended on 23 November, up by 0.6% from 4.188m bbl a week earlier.

Meanwhile, refineries operated at 88.6% of capacity, up from 87.5% in the previous week.

Refinery-grade propylene (RGP) for November traded at 49.50 cents/lb ($1,091/tonne, €840/tonne) on Wednesday, down from 50.50 cents/lb a week earlier.

($1 = €0.77)

Follow William on Twitter


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