HOUSTON (ICIS)--US propylene inventories fell by 6.4% in the week ended 13 April, marking the fifth consecutive week of decline, the US Energy Information Administration (EIA) said on Wednesday.
The week-on-week decrease came alongside a drop in refinery operating rates.
|EIA||13 Apr||6 Apr||30 Mar||23 Mar|
|Propylene inventories (m bbl)||2.612||2.792||2.833||2.932|
|Refinery operating rates (%)||92.4||93.5||93.0||92.3|
Year on year, propylene inventories remain 3.5% higher than 2.523m bbl in the week ended 14 April 2017.
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