
Potentially weak winter demand
September 18, 2023 By Mark Rachal
In this week’s Trader’s Corner, Mark Rachal, director of research and publications for Cost Management Solutions, discusses propane demand for the upcoming winter.
Read MoreIn this week’s Trader’s Corner, Mark Rachal, director of research and publications for Cost Management Solutions, discusses propane demand for the upcoming winter.
Read MoreMark Rachal, director of research and publications with Cost Management Solutions, revisits the current state of crude prices through 2024.
Read MoreThe growing strength in crude’s price is a threat to propane retailers trying to hedge against higher prices this winter.
Read MoreIf crude prices stay where they are or trend higher, it won’t take much improvement in the propane fundamental picture to see a rapid rise in propane’s price.
Read MoreMark Rachal of Cost Management Solutions looks at the high, low and average propane inventory builds from this point in the year to the first week of October.
Read MoreThe worst enemy of a good buying opportunity is the hope of a perfect buying opportunity, according to Mark Rachal of Cost Management Solutions.
Read MoreCost Management Solutions’ Mark Rachal evaluates how releases from the U.S. Strategic Petroleum Reserve will impact prices.
Read MoreBecause propane is a byproduct, its price is heavily influenced by what is going on with other commodities, namely crude and NGLs.
Read MoreDespite high inventory levels at the propane trading hubs currently, we remain concerned about the potential for local market supply shortages during high winter demand periods.
Read MoreCost Management Solutions’ benchmark prices are at 50 cents per gallon for Mont Belvieu LST and $42 per barrel for WTI crude, but there is potential for a drop.
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