LPG

Weekly Mont Belvieu Propane – Butane prices – 16th July 2021

mont belvieu butane price july 16th 2021

Weekly Mont Belvieu Propane – Butane prices – July 16th, 2021

Our assessment for last week daily Mont Belvieu propane and butane in USD/mt (0.1% down and 0.4% up respectively on weekly average):

12th July: 565.3; 560.3

13th July: 568.5; 566.7

14th July: 572.5; 570.5

15th July: 574.7; 569.6

16th July: 573.3; 571.3

Butane prices July 16th 2021
Butane Mont Belvieu prices July 16th 2021

 

LPG Butane prices movement was ranging between the previous week’s high and low, for the week ending 16th July 2021. This is likely to continue and we may not see a 600USD/MT before the end of the summer ( September end).

On the local side of the market, the highest depot price of N7.2 Million per 20 MT ( the highest LPG depot price ever). Retail prices also hit N6000 and above in some parts of the country.

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