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Propane Spot Prices Steady on Record Permian Supply

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Published: January 20, 2026

Petrochemical Feedstock Utility

Cheap propane remains the preferred feedstock for global petrochemical crackers. Record export loadings to Asia are the primary factor preventing a deeper slide in spot prices.

Winter Weather Watch

While a late-January freeze is forecasted, residential heating providers are maintaining healthy stocks. This precautionary demand is keeping a firm floor under spot prices near 60 cents.