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EIA reports slight decline in weekly U.S. propane propylene inventories

 Last Update: 2022-08-25
 Source: Internet
 Author: User

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U.
S.
inventories of propane and propylene fell by 300,000 barrels to 92.
6 million barrels in the week ended Nov.
20, according to a statement from the U.
S.
Energy Information Administration (EIA) on Wednesday, cited by Chemweek

National inventories fell 0.
4% this week and were up 4.
2% from 88.
3 million barrels a year earlier

PADD3 (Gulf Coast) fell 0.
4 million barrels to 51.
8 million barrels, PADD2 (Midwest) fell 0.
6 million barrels to 25.
8 million barrels, and PADD4 and PADD5 fell 0.
3 million barrels to 6 million barrels

Exports of propane and propylene rose 99,000 bpd to 1.
323 million bpd, while imports rose 24,000 bpd to 152,000 bpd

As shown by products supplied, demand fell by 299,000 bpd to 1.
171 million bpd

Refiner and mixer net production of propane and propylene increased by 15,000 barrels per day to 2.

Bids and bids for both Mont Belvieu TET (Lone Star) and nonTET (Enterprise) were 54.

Conway's final price was 52.
5-53 cents/gal, compared to the pre-eia price range of 52-52.
75 cents/gal
.

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