EIA: Propane/Propylene Stockpiles Rise 4.9% Y-o-Y


   
Maria Eugenia Garcia
DTN Refined Fuels Market Reporter

   HOUSTON, TX (DTN) -- The Energy Information Administration reported on 
Wednesday (10/29) total domestic propane/propylene stocks of 105.681 million 
bbl in the week ending October 24, up 2.506 million bbl week-on-week and 5.172 
million bbl, or 4.9% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.649 million bpd, down 
243,000 bpd week-on-week and 640,000 bpd, or 38.8%, lower than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 964,000 bpd, 
up 50,000 bpd week-on-week and 254,000 bpd, or 26.3% higher than in the same 
week last year.
EIA reports domestic propane/propylene production averaged 2.858 million bpd, 
up 18,000 bpd week-on-week and 115,000 bpd, or 4% higher than in the same week 
last year.
East Coast PADD 1 inventories ended the week at 9.347 million bbl, up 503,000 
bbl week-on-week and 941,000 bbl, or 10.1% higher than in the same week last 
year.
Midwest PADD 2 inventories ended the week at 28.196 million bbl, up 237,000 bbl 
week-on-week and 708,000 bbl, or 2.5% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 62.592 million bbl, up 1.667 
million bbl week-on-week and 5.506 million bbl, or 8.8% higher than in the same 
week last year.
Combined inventories in the Rockies and the West Coast, PADD 4 and 5, ended the 
week at 5.545 million bbl, up 97,000 bbl week-on-week and 569,000 bbl, or 10.3% 
lower than in the same week last year.

    

    




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