CP in June, 2025 : 585 USD \/ t \u00a0(- 15\u00a0USD from May)<\/p>\n
C3 : USD 600 \/ t (- 10\u00a0USD from May) \/ C4 : USD 570 \/ t (- 20\u00a0USD from May)<\/p>\n
Although the U.S.\u2013China trade friction had some impact, the Northern Hemisphere has entered a low-demand season for LPG, and the June CP declined.
\nIn Saudi Arabia, propane is believed to be allocated for domestic petrochemical demand, such as PDH plants, leading to a somewhat cautious stance toward propane exports. This supported propane prices to some extent.
\nOn the other hand, naphtha prices have declined for four consecutive months, resulting in weak petrochemical demand for butane. Consequently, butane prices dropped significantly.
\nAdditionally, with OPEC+ announcing further production increases for June following those in May, the average WTI price in May fell by approximately USD 1.5 per barrel compared to April.<\/p>\n
From our company\u2019s perspective, the outlook for CP going forward includes the reduction of China’s tariffs on U.S. goods to 10%, the expected increase in crude oil output by OPEC+, and the continued low-demand LPG season in the Northern Hemisphere. Based on these factors, we forecast that the July CP will also decline. \u00a0(Reference Material\uff1aEneos Weekly Report, Astomos Energy Monthly Report, EIN)<\/p>\n
\u203bOur view is only our opinion and do not guarantee CP trends.<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"
CP in June, 2025 : 585 USD \/ t \u00a0(- 15\u00a0USD from May) C3 : USD 600 \/ t (- 10\u00a0USD from May) \/ C4 : USD 570 \/ t (- 20\u00a0USD from May) Although the U.S.\u2013China trade friction had some impact, the Northern Hemisphere has entered a low-demand season for LPG, and the June …<\/p>\n