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Propane Spot Prices Hold Steady as Inventory Buffer Absorbs Demand

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Published: January 23, 2026

Supply Confidence

The market is confident in the supply chain's ability to handle the upcoming freeze. Record NGL production from the Permian Basin continues to replenish stocks faster than they can be drawn down.

Export Flows

Exports to Asia remain robust, serving as the primary clearing mechanism for the US surplus. Without these exports, domestic prices would likely be significantly lower.