EIA: Propane/Propylene Stocks Up 1.6% W/W

VIENNA (DTN) — The Energy Information Administration reported on Wednesday total domestic propane/propylene stocks of 97.634 million bbl in the week ending September 5, up 1.506 million bbl week-on-week and 817,000 bbl, or 0.8% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.891 million bpd, up 104,000 bpd week-on-week and 58,000 bpd, or 3.1%, higher than in the same week last year.
Implied demand for propane/propylene in the United States averaged 867,000 bpd, up 161,000 bpd week-on-week and 44,000 bpd, or 5.1% higher than in the same week last year.
EIA reports domestic propane/propylene production averaged 2.86 million bpd, down 7,000 bpd week-on-week and 158,000 bpd, or 5.5% higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.908 million bbl, down 778,000 bbl week-on-week and 75,000 bbl, or 0.9% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 26.323 million bbl, up 732,000 bbl week-on-week and 5,000 bbl, or 0% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 58.174 million bbl, up 1.56 million bbl week-on-week and 1.257 million bbl, or 2.2% 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 5.228 million bbl, down 8,000 bbl week-on-week and 521,000 bbl, or 10% lower than in the same week last year.