Weekly Mont Belvieu Propane-Butane Market Update – September 19th, 2025

By Ehi Okoduwa ــ Last Update 22 September 2025

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Weekly Mont Belvieu Propane-Butane Market Update – September 19th, 2025

LPG Prices:

15/09/2025: Propane $356.7 | Butane $406.6

16/09/2025: Propane $363.7 | Butane $414.6

17/09/2025: Propane $359.3 | Butane $411.9

18/09/2025: Propane $359.5 | Butane $409.5

19/09/2025: Propane $356.6 | Butane $406.1

LPG Prices – Cautiously Bullish

For the second consecutive week, LPG prices recorded marginal gains.

Propane: averaged $359.2/MT, up 1.6% from last week’s $354.0/MT.

Butane: averaged $409.8/MT, up 2.2% from last week’s $400.3/MT.

Crude Oil – Largely Flat

Crude oil prices were little changed, weighed down by a US crude inventory build. The recent US interest rate cut had minimal impact on the market.

WTI: $63.21 (down from $63.27)

Brent: $67.06 (down from $67.42)

Outlook: The dominant trend remains bearish, with prices struggling to break higher levels.

Nigeria LPG Market – Stable Despite Dangote Outage

Depot prices held steady despite a stock-out at Dangote’s LPG facility. Prices averaged ₦16.7 million per 20MT, with some depots quoting slightly higher.

In the South-South, queues persisted as an NLNG cargo (12,000MT) berthed at Stockgap depot for discharge. If Dangote’s outage continues this week, scarcity pressures could trigger upward price adjustments.

Retail LPG – August Prices Decline

Retail cooking gas prices dropped by 5% in August compared to July, reflecting easing depot costs.

Full report here: Cooking Gas Price Drops 5.2% MoM in August