Propane Spot Prices Steady Amidst Strong Exports

image-alt-text

Export Driven Market

US propane is currently the cheapest feedstock for global plastics production. This advantage is driving near-record export loadings, which is helping to balance the domestic market.

Inventory Levels

US propane inventories remain healthy, providing a cushion against any potential late-winter cold snaps. Traders do not expect significant price spikes in the near term.