Propane production outpaces demand
May 28, 2019 By Mark Rachal
Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices.
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Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices.
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ICF’s Mike Sloan and propane industry veteran Randy Doyle explain why it’s time for propane retailers to prioritize and plan for the industry’s future.
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Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices.
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In this week’s Trader’s Corner, we revisit a topic that we have discussed numerous times this year: the…
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October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt.
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Throughout last week, Mont Belvieu’s price correction deepened and its value relative to crude continued to deteriorate.
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Here are the factors impacting the recent price spread between Conway propane and Mont Belvieu LST propane.
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Export activity in July and its resulting impact on U.S. inventory builds should be very interesting to monitor.
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The pricing pattern for March and May turned out to be very similar, but April was a little different.
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Propane has certainly been bullish in the last 10 days.
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