Propane Spot Prices Steady as Winter Heating Season Deepens

Inventory Cushion

US propane stocks are significantly higher than their five-year average. This massive inventory cushion is shielding consumers from price volatility, even as residential heating withdrawals begin in the Midwest and Northeast regions.

Petrochemical Feedstock Utility

The export market remains the primary price floor for propane. US propane is currently the most competitive feedstock for global plastics production, leading to near-record export loadings out of the Gulf Coast that are helping clear the domestic surplus.