Setting expectations for next-winter pricing
February 14, 2022 By Mark Rachal
Mark Rachal, with Cost Management Solutions, addresses propane prices and explains how to set expectations for next winter.
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Mark Rachal, with Cost Management Solutions, addresses propane prices and explains how to set expectations for next winter.
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Mark Rachal, director of research and publications for Cost Management Solutions, addresses propane prices and makes comparisons to conditions in 2014.
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As things stand now, which is what we must base decisions upon, it is looking more like an entry point to hedge winter propane anywhere sub-dollar is feasible.
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Amid volatility in propane prices, Mark Rachal of Cost Management Solutions explains the difference between two financial tools: swaps and physicals.
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EIA data shows that propane demand exceeded supply, resulting in a 10-million-barrel draw in propane inventory. That helped support higher propane prices.
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Mark Rachal expands an analysis of historical market trends to determine guidance on where propane prices might start during next winter.
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Mark Rachal of Cost Management Solutions provides pricing data to help propane retailers strategize for the rest of winter.
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This week’s data suggests export reporting got back on track, but we still need to monitor for the possibility of an increase in overall demand.
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For the week ending Dec. 10, U.S. propane exports dropped to 847,000 barrels per day (bpd) – 509,000 bpd less than the same week last year.
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In this week’s Trader’s Corner, Mark Rachal, with Cost Management Solutions, shares a heating season update for propane marketers.
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