CP in December, 2025 : 490 USD/t (+ 22.5 USD from November)
C3 : USD 495 (+ 20 USD from November) / C4 : 485 (+ 25 USD from November)
Entering the winter season, Northeast Asia has seen a gradual increase in LPG demand, mainly for petrochemical use, leading to a rise in the December CP.
Additionally, the tightening of LPG supply from the Middle East, caused by Saudi Aramco limiting the acceptance of spot cargoes,
and the higher demand for butane for petrochemical purposes due to rising naphtha prices have also contributed to the upward pressure on CP prices.
While Dubai crude oil prices have been on an upward trend since November, the average WTI in November fell by approximately USD 0.8 per barrel compared to October.
Looking ahead, we anticipate that with further drops in temperature, residential LPG demand in Northeast Asia will increase, and we therefore forecast a rise in the January 2026 CP.
(Reference Material：Eneos Weekly Report, Astomos Energy Monthly Report, RIM)
※Our forecast is only our opinion and do not guarantee CP trends in the future.
