LPG Market Update – August 5
Indexes remained stable, but amid mixed movement in “live” deals, this feels like the calm before the storm.
Argus Far East Index (AFEI):
- Propane: $502.5/MT, change: +$0.75
- Butane: $524.5/MT, change: +$0.75
Argus Polish Domestic Index (APDI):
Unchanged: $620/MT
Algeria Bethioua (midpoint):
- Propane: $445/MT
- Butane: $415/MT
- No changes
Notable shift:
The propane differential between Poland daf Brest and ARA dropped by −$5.75, which may indicate a reduction in delivery premium and a potential weakening in demand toward the East.
Black Sea Market:
- Propane-Butane FOB Black Sea remains stable at $370/MT
- Propane alone: $385/MT
- Butane: $357.5/MT