EIA: Propane/Propylene Stocks Up 1.3% W/W

VIENNA (DTN) — The Energy Information Administration reported on Wednesday total domestic propane/propylene stocks of 98.931 million bbl in the week ending September 12, up 1.297 million bbl week-on-week and 1.371 million bbl, or 1.4% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.972 million bpd, up 81,000 bpd week-on-week and 308,000 bpd, or 15.6%, higher than in the same week last year.
Implied demand for propane/propylene in the United States averaged 852,000 bpd, down 15,000 bpd week-on-week and 480,000 bpd, or 56.3% lower than in the same week last year.
EIA reports domestic propane/propylene production averaged 2.886 million bpd, up 26,000 bpd week-on-week and 214,000 bpd, or 7.4% higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 8.633 million bbl, up 725,000 bbl week-on-week and 811,000 bbl, or 9.4% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 26.055 million bbl, down 268,000 bbl week-on-week and 1.479 million bbl, or 5.7% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 59.062 million bbl, up 888,000 bbl week-on-week and 2.812 million bbl, or 4.8% 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 5.181 million bbl, down 47,000 bbl week-on-week and 773,000 bbl, or 14.9% lower than in the same week last year.