Propane prices head to the slopes
September 16, 2024 By Mark Rachal
For Mark Rachal of Cost Management Solutions, a recent slope in propane prices has been a joy to run for propane buyers.
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For Mark Rachal of Cost Management Solutions, a recent slope in propane prices has been a joy to run for propane buyers.
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Every propane retailer has asked someone or something at one point or another if it is a good time to buy propane.
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It would be wise for propane buyers to expand the time frame in which they obtain price protection beyond one year.
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The buy window for propane has opened again for the first time since the end of May.
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The summer months are usually the buying season for propane retailers trying to get price protection against higher prices for the upcoming winter, but propane retailers willing to plan further out can get ahead of the curve.
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Improving the inventory position on the Gulf Coast will bring relief to propane markets and perhaps take some of the pressure off propane prices.
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Join Cost Management Solutions for a free 30-minute Virtual Hedging webinar on Tuesday, July 30 at 10 a.m….
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With a La Niña, cold waters in the Pacific Ocean push the jet stream northward, affecting the weather in and around the United States.
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This week, Cost Management Solutions’ Mark Rachal takes a closer look at the current market and the recent inventory build.
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In preparation for next winter, Mark Rachal focuses on the buying plan for a propane retailer that will be executed over the next couple of months.
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