Weekly LPG Mont Belvieu And Nigerian LPG Price Review July 4th 2025

By Ehi Okoduwa ــ Last Update 06 July 2025

Weekly Mont Belvieu Propane-Butane Price Overview: July 4th, 2025

30/06/2025: Propane $373.7 / Butane $390.4

01/07/2025: Propane $369.9 / Butane $380.2

02/07/2025: Propane $368.4 / Butane $379.1

03/07/2025: Propane $371.9 / Butane $379.0

LPG Prices Continue to Decline

Both propane and butane recorded a continued decline for the second week. Propane closed at a weekly average of $371.0/MT, a 4% week-on-week decline, while Butane settled at $383.2, down by 5.2%; from the previous week’s averages of $386.6/MT and $404,4/MT, respectively.

Crude Oil prices are almost unmoved.

Crude oil prices hardly moved during the week. WTI closed the week at $66.25 (up from $65.88), while Brent settled at $68.11 (down from $68.17).

The market is anticipating increased supply ahead of the upcoming OPEC+ meeting, where a decision is expected soon. Should the outcome support higher output, further price declines are likely.

Nigerian LPG Market: Depot Prices showing signs of volatility.

LPG depot prices showed signs of volatility during the week. Volatility came from several factors: the return of Dangote to the market, the receipt of LPG cargo at Stockgap depot, and falling international prices. Prices hovered around 17.6 million per 20MT in Apapa, while South-South depots prices averaged approximately 18 million, although Stockgap was the outlier, posting a depot price of 19.05 million per 20MT.

Retail Market: Prices Hold Steady

Retail LPG prices remained relatively stable nationwide, with prices in Lekki dropping to approximately 13,750 for a 12.5kg cylinder.

Stay connected on the LPG forum to share local retail prices and join the discussion.