November xxxx witnessed a decent surge in US LPG prices on the back of robust demand from the downstream blending and heating fuels and depleting propane inventories which created supply-side constraints. The export market was tightened due to labor disputes at US ports which further exacerbated higher LPG prices in November xxxx. As the winter season progressed, the demand for LPG continued to remain strong which increased the trading activity.
The US LPG prices continued to surge during November xxxx on the back of supply tightness. Butane prices experienced a x.xx increase, settling at USD x.x/MMBTU Butane FD Texas. The tight supply conditions and robust demand for butane, particularly for blending purposes, pushed prices higher. Likewise, Propane prices also rose by x.xx, reaching USD x.x/MMBTU Propane DEL Texas. The surge in demand for propane, both as a heating fuel and a petrochemical feedstock, coupled with supply...
