Propane Spot Prices Steady as Winter Heating Peak Passes

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Storage Cushion

U.S. propane stocks are significantly above the five-year average for early February. This massive buffer ensures that localized cold snaps do not lead to price spikes.

Petrochemical Usage

Propane remains the preferred feedstock for global crackers, providing a steady floor for demand even as heating needs begin to wane with the approaching spring.