CP in October, 2025 : 485 USD\/t \u00a0(- 20\u00a0USD from September)<\/p>\n
C3 : USD 495 (- 25\u00a0USD from September) \/ C4 : 475 (- 15\u00a0USD from September)<\/p>\n
The Far East continued to experience extreme heat, and household\/commercial LPG demand remained weak. With OPEC+ maintaining its crude oil production policy, supply stayed ample,<\/p>\n
while Chinese buyers refrained from purchasing, leading to weaker LPG demand. As a result, the October CP settled lower than September.<\/p>\n
Naphtha prices rebounded, supporting a recovery in petrochemical butane demand. Chinese importers favored US LPG, which capped Middle East CP levels, while US LPG demand remained firm.<\/p>\n
In addition, the average WTI price in September declined by USD 0.55 per barrel compared to August.<\/p>\n
Looking ahead, we expect LPG demand to be supported by lower temperatures and increased household consumption during India\u2019s upcoming holidays.<\/p>\n
Therefore, we forecast that the November CP will rise. (Reference Material\uff1aEneos Weekly Report, Astomos Energy Monthly Report, EIN, RIM)<\/p>\n
\u203bOur forecast is only our opinion and do not guarantee CP trends in the future.<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"
CP in October, 2025 : 485 USD\/t \u00a0(- 20\u00a0USD from September) C3 : USD 495 (- 25\u00a0USD from September) \/ C4 : 475 (- 15\u00a0USD from September) The Far East continued to experience extreme heat, and household\/commercial LPG demand remained weak. With OPEC+ maintaining its crude oil production policy, supply stayed ample, while Chinese buyers …<\/p>\n