EIA: US Propane/Propylene Stocks Fell 27.7% Year-Over- Year


   
   HOUSTON, TX (DTN) --The Energy Information Administration reports total 
domestic propane/propylene stocks of 44.367 million bbl in the week ending 
April 11, down 1.284 million bbl week-on-week and 12.308 million bbl, or 27.7% 
lower than in the same week last year.
Data show propane/propylene exports last week averaged 1.966 million bpd, up 
227,000 bpd week-on-week and 369,000 bpd, or 18.8%, lower than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 1.061 
million bpd, up 148,000 bpd week-on-week and 622,000 bpd, or 58.6% higher than 
in the same week last year.
EIA reports domestic propane/propylene production averaged 2.744 million bpd, 
down 8,000 bpd week-on-week and 79,000 bpd, or 2.9% lower than in the same week 
last year.
East Coast PADD 1 inventories ended the week at 3.687 million bbl, down 422,000 
bbl week-on-week and 250,000 bbl, or 6.8% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.764 million bbl, up 183,000 bbl 
week-on-week and 3.62 million bbl, or 37.1% lower than in the same week last 
year.
Gulf Coast PADD 3 inventories ended the week at 28.354 million bbl, down 1.201 
million bbl week-on-week and 7.277 million bbl, or 25.7% 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 2.562 million bbl, up 157,000 bbl week-on-week and 1.161 million bbl, 
or 45.3% lower than in the same week last year.




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