LPG

Weekly Mont Belvieu Propane – Butane prices – 25th June 2021

Butane prices June 25 2021

Weekly Mont Belvieu Propane – Butane prices – June 26th, 2021

Our assessment for last week daily Mont Belvieu propane and butane in USD/mt (5.1% and 6.1% up respectively on weekly average):

21st June: 510.6; 508.5

22nd June: 513.5; 517.6

23rd June: 528.0; 529.9

24th June: 535.0; 538.5

25th June: 540.7; 547.3

Butane prices June 25 2021
Mont Belvieu Butane prices for the week ending June 25th

 

LPG Butane price continues in an upward trend for the week ending June 25th, 2021. LPG butane price hit the highest price in 2021 at 547.3  USD/MT –  actually the highest price in more than 2 years. Incidentally, crude oil prices have hit the highest in more than 2 years at 74 USD per bbl . This increase should affect the expected cargoes coming into the local market this week.

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