U.S. stocks of propane and propylene fell by 300,000 barrels to 92.6 million barrels in the week ending Nov. 20, according to a Wednesday statement from the U.S. Energy Information Administration, cited by Chemweek。
National inventories fell 0. 0 this week.4 percent, up 4 percent from 88.3 million barrels in the same period last year.2%。The PADD1(East Coast) region increased by 900,000 barrels to 9 million barrels, partially offsetting declines in all other PADD regions。
PADD3(Gulf Coast) fell 400,000 barrels to 51.8 million barrels, PADD2(Midwest) fell 600,000 barrels to 25.8 million barrels, PADD4 and PADD5 fell 300,000 barrels to 6 million barrels。
Propane and propylene exports increased by 9.90,000 BPD to 132.30,000 barrels, imports up 2.40,000 BPD to 15.20,000 barrels per day。
As shown in the supplied products, the daily demand decreased by 29.90,000 barrels to 117.1万桶。Propane and propylene refiners and mixers increased net daily production by 1.50,000 barrels, 229 barrels.5万桶。
After the report, bids and offers for Mont Belvieu TET(Lone Star) and nonTET(Enterprise) were both at 54.375-54.75 cents a gallon。This is 54 with each level traded before the data was released.5-54.75 cents a gallon is not far off。
Conway's last price was 52.5 to 53 cents per gallon, compared with a 52-52 price range before the eia.75 cents a gallon。
Reprinted from: China Chemical Industry Network
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