CP in April, 2023 : 550.0 USD/t (-180.0 from March)
Propan : 555.0 (-165) / Butan : 545.0 (-195)
LPG demand in Asia fell down to a low level due to the end of the winter demand season and due to rising temperatures, supply-demand was easing accelerated due to increased supply from Middle East suppliers. In addition, Mr.Powell, as a chairman of FRB, announced at a press conference that he would maintain measures to control inflation.
In the end, the CP price decreased by 180 USD/t, propan 555 USD/t, butan 545 USD/t, and the price difference between propane and butane was 10 USD/t. (Reference: Energy intelligence Network, ENEOS GLOBE Weekly Report)
