Weekly Mont Belvieu Propane-Butane Price Overview: August 29th, 2025

By Ehi Okoduwa ــ Last Update 31 August 2025

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Weekly Mont Belvieu Propane-Butane Market Update – August 29th, 2025

LPG Daily Averages:

25/08/2025: Propane $351.0 | Butane $380.7

26/08/2025: Propane $349.6 | Butane $378.0

27/08/2025: Propane $354.1 | Butane $382.8

28/08/2025: Propane $351.5 | Butane $383.8

29/08/2025: Propane $347.8 | Butane $381.2

LPG Price Trends

LPG prices continued on a modest upward path, though without major movements.

Propane averaged $350.8/MT, up 1.4% from last week’s $346.1/MT.

Butane averaged $381.3/MT, up 1.3% from last week’s $376.3/MT.

As we approach the end of summer, keep a close watch—heating demand is expected to shape price direction in the weeks ahead.

Crude Oil: Slow and Steady

Crude oil prices inched upward in another relatively quiet week:

WTI closed at $64.11, up from $63.52.

Brent edged higher to $68.14, from $67.52 the prior week.

Key drivers remain geopolitical developments—particularly the Russia-Ukraine negotiations—and the upcoming OPEC+ meeting on September 7th, where decisions on supply levels will likely set the tone for September.

Nigeria LPG Market: Depot Prices Ease

Depot prices softened following Dangote Refinery’s return to LPG operations, with off-taker prices around 14.8m per 20MT. Apapa depots sold as low as 16.1m per 20MT. South-South depots dropped below 16m per 20MT.

Retail LPG: Stable but Lower

Retail prices continued to ease in response to falling depot costs:

Reports show prices as low as 900/kg (11,250 for a 12.5kg cylinder) across parts of the South-West but slightly higher prices were recorded across other regions nationwide.

See the latest retail price report here: LPG in Nigeria – July Price Report