EIA: US Propane/Propylene Stock Level Rose 1.8% on Week


   
   OAKHURST, N.J. (DTN) --- The Energy Information Administration reports total 
domestic propane/propylene stocks of 56.675 million bbl in the week ending 
April 19, up 981,000 bbl week-on-week and 2.214 million bbl, or 3.9% lower than 
in the same week last year.

   Data show propane/propylene exports last week averaged 2.335 million bpd, up 
760,000 bpd week-on-week and 947,000 bpd, or 40.6%, higher than in the same 
week last year.

   Implied demand for propane/propylene in the United States averaged 439,000 
bpd, down 236,000 bpd week-on-week and 237,000 bpd, or 54% lower than in the 
same week last year.

   EIA reports domestic propane/propylene production averaged 2.823 million 
bpd, up 88,000 bpd week-on-week and 360,000 bpd, or 12.8% higher than in the 
same week last year.

   East Coast PADD 1 inventories ended the week at 3.937 million bbl, up 
107,000 bbl week-on-week and 1.236 million bbl, or 31.4% lower than in the same 
week last year.

   Midwest PADD 2 inventories ended the week at 13.384 million bbl, up 844,000 
bbl week-on-week and 750,000 bbl, or 5.6% higher than in the same week last 
year.

   Gulf Coast PADD 3 inventories ended the week at 35.631 million bbl, up 
92,000 bbl week-on-week and 2.978 million bbl, or 8.4% lower than in the same 
week last year.

   Combined inventories in the Rockies and the West Coast, PADD 4 and 5, ended 
the week at 3.723 million bbl, down 62,000 bbl week-on-week and 1.251 million 
bbl, or 33.6% higher than in the same week last year.




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