EIA: Propylene inventories in the United States fell for the first time in six w

Houston, Nov. 21, reported that data released Wednesday by the U.S. Energy Intelligence Agency (EIA) showed that domestic propylene stocks fell for the first time in six weeks. Before that, a production problem occurred in a propane dehydrogenation unit, and then production decreased.

EIA data show that the inventory of non-fuel propylene in the week ending November 16 was 3.573 million barrels, a decrease of 390,000 barrels compared with the previous week. Despite a decline in production, inventories last week were still higher than the same period last year of 26.01 million barrels.

Three U.S. propane dehydrogenation units have been put into operation since early October, resulting in an increase in inventory levels for five consecutive weeks.

Despite the decline in inventory in the sixth week, EIA data showed that the refinery utilization rate was 92.7% last week, up 2.6% from a week ago.