Propane

Propane increased 0.19 USD/GAL or 18.47% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Propane reached an all time high of 1.67 in February of 2014. Mont Belvieu Propane is a gas that can be compressed to a liquid. It is listed as a clean fuel on the 1990 Clean Air Act and has numerous applications. The contract size is 42,000 gallons and takes its name from the city of Mont Belvieu,TX due to it’s massive gas storage facility.The Propane prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

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