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Liquified Petroleum Gas Pricing - Delhi
Wednesday, 23 March, 2022
Item details
City:
Delhi
Offer type:
Offer
Item description
The US exports of Liquefied Petroleum Gas Price to Asia had been higher overall throughout the second half of FY21 were higher than the exports to Europe by more than a 100%. The export prices of propane assessed on an FOB Texas basis were at a seven year high of around USD 1.5/gallon. Exports to both Asia and Europe increased from the October levels as many Industries in Europe resorted to buying LPG stock from the open market in December owing to sharp increases in natural gas prices. The FOB Texas prices’ discount to CFR Far East Asia narrowed to around USD 160/MT by the end of December. Many refiners in Asia are likely to choose propane over naphtha as the preferred cracker feed for Q1 as crude and natural gas prices will likely rise further during the month of January.
For more information
websites:- httpswww.chemanalyst.com/Pricing-data/liquified-petroleum-gas-lpg-16
Contact No:- +16468620089
For more information
websites:- httpswww.chemanalyst.com/Pricing-data/liquified-petroleum-gas-lpg-16
Contact No:- +16468620089
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