Propane Stocks Post Another Build
Total U.S. inventories increased by 1.0 million barrels last week to end at 65.5 million barrels, about 8.8 million barrels (11.9%) lower than the same week last year. Midwest stocks rose by 1.1 million barrels, while East Coast stocks grew 0.2 million barrels. Rocky Mountain/West Coast stocks were up by 0.1 million barrels. Gulf Coast inventories dropped by 0.4 million barrels. Propylene non-fuel-use inventories represented 4.8% of total propane inventories.
This week’s news in agriculture from Agfax Media.