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Liquefied Petroleum Gas (lpg) Price Trend and Forecast

UNSPC code: 15111501
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

liquefied petroleum gas (lpg) Price Trends by Country

beBelgium
brBrazil
cnChina
egEgypt
frFrance
inIndia
idIndonesia
jpJapan
mxMexico
nlNetherlands
phPhilippines
thThailand
usUnited States
aeUnited Arab Emirates
saSaudi Arabia
qaQatar
krSouth Korea

Global liquefied petroleum gas (lpg) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Liquified Petroleum Gas (LPG) price assessment:

  • Propane FOB Hamad, Qatar
  • Butane FOB Hamad, Qatar
  • Propane FOB Jeddah, Saudi Arabia
  • Butane FOB Jeddah, Saudi Arabia
  • Propane FOB Jebel Ali, United Arab Emirates
  • Butane FOB Jebel Ali, United Arab Emirates
  • Propane ($/Gallon) FOB Texas, USA
  • Propane FOB Texas, USA
  • Propane CIF Nhava Sheva (Qatar), India
  • Butane CIF Nhava Sheva (Qatar), India
  • Propane CIF Nhava Sheva (Saudi Arabia), India
  • Butane CIF Nhava Sheva (Saudi Arabia), India
  • Propane CIF Nhava Sheva (UAE), India
  • Butane CIF Nhava Sheva (UAE), India
  • Propane CIF Shanghai (United Arab Emirates), China
  • Butane CIF Shanghai (United Arab Emirates), China
  • Propane CIF Shanghai (Qatar), China
  • Propane CIF Antwerp (United States of America), Belgium
  • Propane CIF Rotterdam (United States of America), Netherlands
  • Propane CIF Le Havre (United States of America), France
  • Propane CIF Manzanillo (United States of America), Mexico
  • Propane CIF Santos (United States of America), Brazil

Liquified Petroleum Gas (LPG) Price Trend Q3 2025

In Q3 2025, the global LPG market recorded a noticeable downturn in prices across major regions. In the Middle East, exporters such as Qatar and Saudi Arabia saw declining FOB prices due to reduced Asian demand and stronger regional competition. The United States saw a significant fall in FOB Texas prices, driven by excess supply and fewer export enquiries.

In Asia, countries like India and China registered lower CIF prices amid cautious procurement and sufficient stock levels. The European and Latin American markets, including Belgium, France, and Brazil, also observed weakened CIF prices due to high inventories and competitive U.S. cargoes. Overall, the LPG price trend globally remained bearish.

Qatar

Liquefied petroleum gas (LPG) Export Price from FOB Hamad, Grade: Propane.

In Q3 2025, Liquefied petroleum gas (LPG) price in Qatar declined by 7.59%, with FOB Hamad offers ranging USD 513–586 per metric ton. The Liquefied petroleum gas (LPG) price trend in Qatar faced downward pressure amid increased regional supply and cautious buyer interest, mirroring a more competitive Gulf market environment. Freight rates remained stable, supporting steady export volumes despite global uncertainties.

According to PriceWatch, in September 2025, Liquefied petroleum gas (LPG) prices in Qatar increased by 1.50%, allowing a slight rebound amid the quarter’s overall decline. Several exporters adjusted offers to stimulate demand, while enquiries showed moderate activity. Production stayed steady, but forward booking slowed considerably. Sellers experienced margin compression as competitive Gulf producers increased availability and discounted cargoes to gain market share.

Saudi Arabia

Liquefied petroleum gas (LPG) Export Price from FOB Jeddah, Grade: Propane.

In Q3 2025, LPG price in Saudi Arabia dropped by 11.51%, with FOB Jeddah offers ranging USD 485–586 per metric ton. The Liquefied petroleum gas (LPG) price trend in Saudi Arabia was bearish due to weaker global demand and oversupply, exacerbated by competitive pressures within the region. Freight conditions remained steady, supporting ongoing exports amid fluctuating market sentiment.

According to PriceWatch, in September 2025, LPG prices in Saudi Arabia remained unchanged at 0.00%, indicating price stability despite the sharp quarterly fall. Exporters decreased offers to attract cautious buyers, but enquiries remained weak throughout the quarter. Production levels were stable, though forward booking activity declined noticeably. Sellers faced margin pressure amid intensified competition from Gulf-origin cargoes offering discounts to secure sales.

United Arab Emirates

LPG Export Price from FOB Jebel Ali, Grade: Propane.

In Q3 2025, LPG price in United Arab Emirates saw a decline of 9.11%, with FOB Jebel Ali offers ranging USD 535–645 per metric ton. The Liquefied petroleum gas (LPG) price trend in United Arab Emirates was under downward pressure as global buyers exercised cautiousness amid oversupplies and uncertain demand outlooks. Several exporters cut off offers to stimulate demand, and enquiries remained weak throughout the quarter.

According to PriceWatch, in September 2025, LPG prices in the UAE decreased by 2.84%, continuing the downward momentum late in the quarter. Production levels stayed stable, but forward booking activity went down, impacting overall trade dynamics. Sellers faced margin compression due to tightening spreads, especially when competing Gulf origin cargoes increased in availability and offered discounts to secure sales.

USA

LPG Export Price from FOB Texas, Grade: Propane.

According to PriceWatch, in Q3 2025, LPG prices in USA declined by 9.90%, with FOB Texas offers ranging USD 359–396 per metric ton. The Liquefied petroleum gas (LPG) price trend in the USA showed a significant downward movement due to ample supply and soft global demand, resulting in more aggressive pricing tactics by exporters. Freight rates remained stable, facilitating exports even as market conditions softened.

In September 2025, LPG prices in the USA increased by 2.17%, indicating a slight price recovery amid ongoing competitive pressure. Exporters lowered offers to maintain market share amid declining enquiries. Production was steady, but forward bookings deffered as buyers remained cautious about future pricing. Sellers faced margin pressure from inventory buildup and competition with pipeline gas alternatives.

India

LPG import price in India from CIF Nhava Sheva (Qatar), Grade: Propane.

According to PriceWatch, in Q3 2025, LPG price in India declined by 4.48%, with CIF Nhava Sheva offers ranging USD 576–628 per metric ton. Freight rates remained stable, supporting steady imports despite global market volatility. The Liquefied petroleum gas (LPG) price trend in India showed a moderate downward shift as buyers exercised caution amid softer supply and mixed demand signals.

In September 2025, LPG prices in India went up by by 2.25%, offering a mild price uptick following the quarterly decline. Enquiries were steady but subdued, reflecting prudence in procurement and supply chain considerations. Propane FOB offers from Qatar adjusted downward, influencing import prices. Forward bookings slowed as buyers monitored market developments closely in anticipation of further changes.

China

LPG import price in China from CIF Shanghai (United Arab Emirates), Grade: Propane.

In Q3 2025, LPG price in China declined by 8.08%, with CIF Shanghai offers ranging USD 581–692 per metric ton. Freight costs remained steady, aiding ongoing imports despite rising competitive pressures from regional suppliers. The Liquefied petroleum gas (LPG) price trend in China was bearish, pressured by rising regional supply and restrained buyer interest amid uncertain economic conditions.

In September 2025, LPG prices in China decreased by 4.81%, continuing the downward trend into the final month of the quarter. Enquiries declined modestly as market uncertainty persisted, impacting short-term procurement decisions. Propane FOB offers from the UAE were lowered to attract demand amid competitive pressures. Forward bookings slowed as buyers maintained a cautious stance, reflecting ongoing market uncertainty.

Belgium

LPG import price in Belgium from CIF Antwerp (United States of America), Grade: Propane.

In Q3 2025, LPG price in Belgium declined by 11.40%, with CIF Antwerp offers ranging USD 432–459 per metric ton. Freight rates remained stable, supporting consistent import flows despite global market headwinds. The Liquefied petroleum gas (LPG) price trend in Belgium was bearish as global oversupply and subdued demand pressured prices across all segments.

In September 2025, LPG prices in Belgium decreased by 1.35%, mirroring continuing softening conditions late in the quarter. Buyer enquiries weakened, reflecting cautious procurement amid uncertain market conditions. Propane FOB offers from the USA were lowered to stimulate interest, but forward bookings slowed significantly. Sellers faced margin compression due to strong competition from alternative sources and inventory pressure.

Netherlands

LPG import price in Netherlands from CIF Rotterdam (United States of America), Grade: Propane.

In Q3 2025, LPG price in Netherlands fell by 9.63%, with CIF Rotterdam offering USD 420–447 per metric ton. Freight costs remained steady, facilitating imports despite a cautious buying environment. The Liquefied petroleum gas (LPG) price trend in Netherlands was under downward pressure amid rising supply and cautious buying behavior from key market players.

In September 2025, LPG prices in Netherlands increased by 2.33%, indicating a modest rebound at the end of the quarter. Enquiries declined moderately as buyers adopted a wait-and-see approach given the uncertain market signal. Propane FOB offers from the USA were adjusted downward to attract demand. Forward bookings showed signs of slowing, with sellers facing tighter margins due to competitive pricing and inventory accumulation.

France

LPG import price in France from CIF Le Havre (United States of America), Grade: Propane.

In Q3 2025, LPG price in France declined by 10.85%, with CIF Le Havre offers ranging USD 461–499 per metric ton. Freight remained stable, aiding steady imports despite weakening demand fundamentals. The Liquefied petroleum gas (LPG) price trend in France was downward as weaker global demand and supply surpluses weighed heavily on prices throughout the quarter.

In September 2025, LPG prices in France increased by 1.91%, suggesting a mild recovery late in the quarter. Buyer enquiries softened, leading to reduced forward bookings as caution increased. Propane FOB offers from the USA were lowered to sustain market interest, but sellers encountered margin pressure due to competitive discounting and inventory buildup.

Mexico

LPG import price in Mexico from CIF Manzanillo (United States of America), Grade: Propane.

In Q3 2025, LPG price in Mexico declined by 10.75%, with CIF Manzanillo offers ranging USD 522–559 per metric ton. Freight rates were stable, supporting import continuity despite weak buyer sentiment. The Liquefied petroleum gas (LPG) price trend in Mexico was bearish amid soft global demand and abundant supply across the region.

In September 2025, LPG prices in Mexico increased by 1.50%, reflecting a slight positive correction following the quarter’s overall decline. Buyer enquiries decreased as market participants adopted a cautious outlook, waiting for more clarity. Propane FOB offers from the USA were reduced to stimulate demand. Forward bookings slowed, and sellers faced margin squeezes due to competitive pressures and rising inventories.

Brazil

LPG import price in Brazil from CIF Santos (United States of America), Grade: Propane.

In Q3 2025, LPG price in Brazil declined by 10.71%, with CIF Santos offers ranging USD 420–453 per metric ton. Freight costs increased modestly but did not significantly impact imports or overall pricing dynamics. The Liquefied petroleum gas (LPG) price trend in Brazil was downturned by ample supply and subdued buyer activity, with cautious market sentiment prevailing.

In September 2025, LPG prices in Brazil increased by 2.09%, showing a modest uptick after the quarterly decline. Enquiries softened, reflecting a cautious purchasing environment amidst broader uncertainty. Propane FOB offers from the USA were lowered to maintain competitiveness. Forward bookings slowed, and sellers faced tighter margins amid strong competition and inventory pressures.

Liquefied Petroleum Gas (LPG) Price Trend Analysis: Q2 2025

In Q2 2025, according to the PriceWatch, Propane and Butane (FOB Jebel Ali) prices showed a moderate decline from the previous quarter. Propane prices averaged 640 USD per metric ton, registering a -3.25% drop from 661.53 USD per metric ton in Q1. The decline was mainly due to the tapering off of seasonal heating demand and a well-balanced supply chain across the Gulf region. Supply-side stability, along with minimal upstream disruptions, kept the Propane market adequately supplied.

In parallel, Butane prices averaged 644.67 USD per metric ton, falling -2.17% from 658.97 USD per metric ton in Q1. This Butane price trend was shaped by moderate downstream activity and sufficient inventories in core importing countries, particularly in Asia. The Propane price index and Butane price chart both reflected a softening trajectory, indicating a cautious approach from buyers. Overall, the market for both Propane and Butane in Q2 moved toward stabilization, supported by strong fundamentals, and restrained demand. 

In Q2 2025, According to the PriceWatch, Propane and Butane prices on a CIF basis at Nhava Sheva recorded a downward movement compared to the previous quarter. Propane averaged 665.42 USD per metric ton, registering a -3.27% decline from 688 USD per metric ton in Q1 2025. Butane prices averaged 671 USD per metric ton, down -2.10% from 686 USD per metric ton in the previous quarter.

This overall decline was mainly due to stable inventory levels from Q1 and reduced spot buying interest, as demand from residential and commercial segments remained subdued due to milder summer conditions. There was also no significant disruption on the supply side, which kept availability steady across terminals.

The Propane price trend and Butane price trend remained soft, with the price chart and price index showing limited fluctuations. The LPG market at Nhava Sheva in Q2 leaned toward correction, supported by balanced demand and comfortable supply across the region. 

Moving into Q1 2025, the LPG market in the FOB Jebel Ali prices remained relatively stable, with Propane prices at 661.53 USD per metric ton, reflecting a 0.12% increase from Q4 2024, while Butane prices stood at 658.97 USD per metric ton, showing a 0.19% increase from Q4. This slight upward movement was mainly due to consistent export demand from Asia and Europe and steady domestic consumption.

The UAE’s strong production infrastructure and strategic supply chains played a crucial role in maintaining market balance, preventing any sharp fluctuations while ensuring reliable availability of both Propane and Butane. 

In Q1 2025, the LPG market in India remained largely stable, with CIF Nhava Sheva Propane prices inching up to 688 USD per metric ton, a 0.29% increase, and Butane rising slightly to 686 USD per metric ton, up by 0.44% from Q4. Export demand from Asia stayed firm, and domestic consumption remained steady in both household and commercial sectors.

With logistics normalized after the busy festive quarter and weather-related demand still present in certain northern regions, the market avoided major fluctuations. India’s well-managed supply chain and strategic sourcing agreements played a key role in keeping the market balanced and prices controlled as 2025 began. 

Liquefied Petroleum Gas (LPG) Price Trend Analysis: Q4 2024

By Q4 2024, Liquefied Petroleum Gas (LPG) prices of FOB Jebel Ali saw a notable upward shift, with Propane prices rising to $660.72 USD/MT, reflecting a 7.90% increase from Q3, and Butane prices climbing to $657.69 USD/MT, marking a 10.01% increase from Q3. This surge was primarily attributed to increased demand from Asian markets ahead of the winter season, as countries aimed to secure ample heating fuel supplies.

Furthermore, logistical challenges and limited shipping availability contributed to heightened transportation costs, indirectly supporting price growth. The UAE’s strategic export position and efficient production capabilities helped meet the robust demand, maintaining stable market dynamics despite the price hike. 

In Q4 2024, the Indian LPG market saw a notable recovery in prices, largely due to rising demand during the festive season and increased heating fuel requirements in northern regions. CIF Nhava sheva Propane prices surged to $686/MT, up by 7.02%, while Butane climbed to $683/MT, reflecting a 9.11% rise compared to Q3.

This price increase was supported by stockpiling from distributors, seasonal consumption peaks, and tighter global shipping capacity due to year-end trade congestion. India’s consistent import volumes, combined with steady domestic production, allowed the market to meet the high demand while adjusting prices accordingly. 

In Q3 2024, the LPG market in the FOB Jebel Ali showed a slight stabilization, with Propane prices at $612.32 USD/MT, reflecting a 2.28% decrease from Q2. Similarly, Butane prices settled at $597.83 USD/MT, marking a 4.72% decrease from Q2. This price dip was primarily driven by reduced global demand and weaker downstream consumption in key importing regions.

Additionally, geopolitical uncertainties and economic slowdowns in some Asian and European markets led to cautious procurement strategies, slightly dampening buying interest. Despite this, the UAE maintained steady production and reliable export operations, preventing any abrupt price drops while ensuring balanced supply. 

In Q3 2024, the Liquefied Petroleum Gas (LPG) market in India remained relatively steady, with a slight decline in pricing amid softening global demand. CIF Nhava sheva Propane was priced at $641/MT, showing a 0.93% decrease from Q2, while Butane was reported at $626/MT, down by 3.25%.

Domestically, the monsoon season slowed down transportation and distribution activities in several regions, causing a temporary dip in demand from rural and semi-urban areas. Meanwhile, some industries switched to alternate fuels, impacting the overall LPG offtake. Despite these challenges, regular imports and a stable export supply chain ensured market balance without any sharp fluctuations. 

In Q2 2024, however, the market faced a shift. Propane prices in the FOB Jebel Ali declined to USD 626.63/MT, showing a drop of 5.09% from Q1, while butane prices fell to USD 627.47/MT, indicating a 6.48% decline. This decline in Liquefied Petroleum Gas (LPG) prices was largely due to advancements in the production process, improving efficiency and increasing supply, which reduced market pressure. Additionally, the overall demand for LPG saw a drop due to the seasonal slowdown in consumption and technological innovations that reduced dependence on traditional LPG applications. 

In Q2 2024, the Indian Liquefied Petroleum Gas (LPG) market experienced a slight correction in prices, as overall demand moderated with the change in season. CIF Nhava sheva Propane prices dropped to $647/MT, reflecting a 4.57% decline, and Butane prices stabilized at $647/MT, down by 6.10% from Q1. The dip was mainly due to reduced household consumption in post-winter, along with improved efficiency in domestic refineries and higher inventory levels.

Additionally, increased global production and exports, especially from the Middle East, added to the abundant supply scenario, easing pressure on FOB India prices. Exporters were able to meet Indian demand without significant delays, contributing to this price stabilization. 

In Q1 2024, the global Liquefied Petroleum Gas (LPG) market, particularly in major Countries as the USA, UAE, Saudi Arabia, and Qatar, saw a bullish trend. This was driven by rising Propane and Butane prices, as well as increasing demand from sectors like petrochemicals and residential use. In FOB Jebel Ali, Liquefied Petroleum Gas (LPG)prices reflected this upward movement, with Propane prices at USD 660.28/MT, showing a slight increase of 1.53% compared to the previous quarter.

Butane prices also rose to USD 670.85/MT, reflecting a 1.58% increase from the prior period. The Middle East and African markets experienced strong demand for LPG due to regional construction growth and energy consumption needs. 
 
 

In Q1 2024, the Liquefied Petroleum Gas (LPG) market in India witnessed a bullish trend, driven by rising prices of both Propane and Butane, in line with global market movements. The demand from domestic sectors like residential cooking fuel, small-scale industries, and petrochemicals remained strong during the winter season and early festive activities.

CIF Nhava sheva Propane prices stood at $678/MT, showing a 3.20% increase from the previous quarter, while Butane prices rose to $689/MT, marking a 3.30% rise. This upward movement was supported by higher import activity from major exporters like the UAE and Qatar, combined with increased LPG bottling and distribution in preparation for festive season demand across India. 

Technical Specifications of Liquefied Petroleum Gas (lpg) Price Trends

Product Description:

Liquefied Petroleum Gas (LPG) is a versatile and efficient fuel composed primarily of Propane and Butane, which are derived from refining petroleum or processing natural gas. LPG is commonly used for heating, cooking, and powering vehicles due to its clean-burning properties and ease of storage. It’s a cost-effective and environmentally friendly energy source that can be easily transported in liquid form. LPG’s flexibility and widespread availability make it an essential fuel for both residential and industrial applications.

Identifiers and Classification:

CAS No: 74-98- 6(Propane), 106-97-8(Butane).

HS Code – 27111200 (Propane), 27111300 (Butane)

Molecular Formula – C3H8 (Propane) & C4H10 (Butane)

Molecular Weight[g/mol] – 44.097 g/mol (Propane), 58.12 g/mol (Butane).

Liquefied Petroleum Gas (LPG) Grades Specific Price Assessment:

  • Propane
  • Butane


Liquefied Petroleum Gas (LPG) Global Trade and Shipment Terms:

  • Quotation Terms (Product & Country Specific): 100-120 MT
  • Packaging Type (Product & Country Specific): 35 Kg Bag


Incoterms Referenced in LPG Price Reporting

Shipping Term  Location  Definition 
FOB Hamad  Hamad, Qatar  LPG Export Price from Qatar 
FOB Hamad  Hamad, Qatar  LPG Export Price from Qatar 
FOB Jeddah  Jeddah, Saudi Arabia  LPG Export Price from Saudi Arabia 
FOB Jeddah  Jeddah, Saudi Arabia  LPG Export Price from Saudi Arabia 
FOB Jebel Ali  Jebel Ali, United Arab Emirates  LPG Export Price from UAE 
FOB Jebel Ali  Jebel Ali, United Arab Emirates  LPG Export Price from UAE 
FOB Texas  Texas, USA  LPG Export Price from USA 
FOB Texas  Texas, USA  LPG Export Price from USA 
CIF Nhava Sheva (Qatar)  Nhava Sheva, India  LPG import price in India from Qatar 
CIF Nhava Sheva (Qatar)  Nhava Sheva, India  LPG import price in India from Qatar 
CIF Nhava Sheva (Saudi Arabia)  Nhava Sheva, India  LPG import price in India from Saudi Arabia 
CIF Nhava Sheva (Saudi Arabia)  Nhava Sheva, India  LPG import price in India from Saudi Arabia 
CIF Nhava Sheva (UAE)  Nhava Sheva, India  LPG import price in India from UAE 
CIF Nhava Sheva (UAE)  Nhava Sheva, India  LPG import price in India from UAE 
CIF Shanghai (United Arab Emirates)  Shanghai, China  LPG import price in India from Qatar 
CIF Shanghai (United Arab Emirates)  Shanghai, China  LPG import price in India from Qatar 
CIF Shanghai (Qatar)  Shanghai, China  LPG import price in China from QATAR 
CIF Antwerp (United States of America)  Antwerp, Belgium  LPG import price in Belgium from USA 
CIF Rotterdam (United States of America)  Rotterdam, Netherlands  LPG import price in Netherlands from USA 
CIF Le Havre (United States of America)  Le Havre, France  LPG import price in France from USA 
CIF Manzanillo (United States of America)  Manzanillo, Mexico  LPG import price in Mexico from USA 
CIF Santos (United States of America)  Santos, Brazil  LPG import price in Brazil from USA 

*Quotation Terms refers to the quantity range specified for the LPG being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for LPG packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Liquified Petroleum Gas (LPG) Manufacturers:

Manufacturers 
Qatar Energy 
Saudi Aramco 
ADNCO, ENOC 
Marathon Petroleum Corp 

Liquefied Petroleum Gas (lpg) Industrial Applications

Liquefied Petroleum Gas (LPG) is primarily used as a fuel source in various applications. It serves as a feedstock for producing important chemicals like propylene, which is essential for making plastics, and butylene, used in synthetic rubber production. Additionally, LPG is utilized in the manufacturing of chemicals such as Butane and Propane for heating and cooking. Beyond its role in industrial processes, LPG is also a popular choice for powering vehicles and heating homes, making it a versatile energy source in everyday life. Its efficiency and clean-burning properties make it an excellent option for both residential and commercial use. 

Historically, several events have caused significant fluctuations in Liquefied Petroleum Gas (lpg) prices

  • COVID-19 pandemic (2021-2019):  the LPG market saw major fluctuations due to the COVID-19 pandemic. In 2020, lockdowns caused a sharp drop in demand, leading to a steep decline in LPG prices. By 2021, as economies recovered and industries resumed, energy demand surged, driving prices upward. Supply chain disruptions added to price volatility and regional shortages. 
  • OPEC Production Cuts (2018): The Organization of the Petroleum Exporting Countries (OPEC) agreed to cut oil production to stabilize prices. As LPG is a byproduct of oil refining and natural gas production, these cuts influenced LPG availability, leading to higher prices due to tighter supply. 
  • Hurricane Harvey Impact (2017): Hurricane Harvey struck the U.S. Gulf Coast, severely affecting oil refineries and natural gas processing plants. As a major producer of LPG, the disruption in U.S. supply chains led to a temporary spike in LPG prices globally. The Gulf Coast region is a hub for LPG exports, and the hurricane caused bottlenecks that caused short-term price increases. 
  • Oil Market Oversupply (2016): Global oil markets experienced a period of oversupply, primarily due to increased production in the U.S. and reluctance among OPEC nations to cut output. This surplus in oil production led to lower prices for oil and its byproducts, including LPG. LPG prices dropped as supply remained high while demand growth was slow, particularly in the early months of 2016. 
  • Global Crude Oil Price Crash (2015): In 2015, global crude oil prices plummeted due to oversupply and weakened demand, primarily caused by the rapid increase in U.S. shale production and OPEC’s decision not to reduce output. Since LPG is closely tied to oil production, the price of LPG also fell sharply. This period marked one of the most significant downturns in LPG prices, with a long-term impact on the global energy market. 

 

These events underscore the LPG market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global liquefied petroleum gas (lpg) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the liquefied petroleum gas (lpg) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence liquefied petroleum gas (lpg) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely liquefied petroleum gas (lpg) market data.

Track PriceWatch's liquefied petroleum gas (lpg) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data:  Price-Watch collects real-time pricing data from a wide range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions for Liquified Petroleum Gas (LPG). 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including LPG producers, suppliers, traders, and end-users, across major LPG production hubs. This localized intelligence is crucial for understanding the unique market dynamics in different regions. 
  • Supply Chain Monitoring: We monitor the entire LPG supply chain, from raw material availability (such as Propane and Butane) to production and distribution channels. Our monitoring includes tracking feedstock prices, refinery outputs, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: Price-Watch continuously tracks global geopolitical developments, such as conflicts, trade disputes, and sanctions, that can significantly impact LPG prices. Our analysis assesses the potential disruptions to supply chains and how these events influence short- and long-term price trends. 
  • Natural Disasters and Climate Events: We evaluate the impact of natural disasters, such as hurricanes, earthquakes, and winter storms, on LPG production facilities. Particularly in regions like the U.S. Gulf Coast, these events can disrupt supply, leading to price spikes. Price Watch factors these risks into our forecasts and supply outlooks. 
  • Energy Transition and Regulatory Shifts: With the global shift toward renewable energy, Price-Watch keeps track of changing environmental regulations, carbon policies, and the push for cleaner energy alternatives. These developments can influence LPG demand and pricing as markets adjust to lower reliance on fossil fuels. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain an extensive database of global LPG production facilities, tracking their operational status, maintenance schedules, and output levels. This enables us to provide accurate assessments of current LPG supply availability. 
  • Future Capacity Projections: Price-Watch forecasts future LPG production capacities by analyzing new plant constructions, refinery expansions, and technological innovations. These projections help anticipate supply trends and assess potential impacts on price stability. 

Demand Forecasting

  • Sectoral Demand Analysis: Price-Watch conducts in-depth analysis of demand trends across key sectors, including residential, industrial, and transportation. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments affecting LPG. 
  • Global Demand Dynamics: Our research considers regional demand variations and their impact on global LPG pricing. This includes understanding shifts in demand due to changes in manufacturing bases, energy policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: Price-Watch uses advanced econometric models to forecast LPG prices. Our models incorporate real-time data, historical trends, and projected market conditions. These models are constantly refined to improve accuracy and forecasting ability. 
  • Scenario Analysis: We conduct scenario-based analyses to evaluate potential future market conditions. Our scenarios include best-case, worst-case, and most likely outcomes, helping clients prepare for various market scenarios and make strategic decisions. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current LPG price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations for market players. 
  • Ongoing Support: Price-Watch provides continuous updates and personalized support to our clients, ensuring they have the most up-to-date information for making informed decisions. Our experts are available to discuss specific market trends and provide tailored advice based on current developments. 

 

This research methodology ensures that Price-Watch delivers the most accurate, timely, and actionable LPG pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Liquefied Petroleum Gas (lpg) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for liquefied petroleum gas (lpg). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The price of LPG is affected by several factors, including crude oil prices, production levels, and seasonal demand fluctuations. Additionally, geopolitical events, weather conditions impacting production, and changes in transportation costs can all influence LPG pricing. It’s essential for procurement heads to keep these factors in mind when assessing market trends.

The balance between supply and demand plays a crucial role in determining LPG prices. When demand rises, such as during cold weather or peak cooking seasons, prices tend to increase. Conversely, if there is an oversupply due to increased production or decreased demand, prices may drop. Monitoring supply and demand trends can help procurement heads make informed purchasing decisions.

LPG prices can vary significantly by region due to differences in production costs, transportation logistics, and local market conditions. For example, regions with abundant natural gas reserves may experience lower prices compared to those reliant on imports. Procurement teams should evaluate regional pricing differences and adjust their sourcing strategies accordingly to optimize costs.

The future price outlook for LPG depends on various factors, including global economic conditions, energy policies, and shifts in fuel consumption patterns. As demand for cleaner fuels grows, LPG may see price increases. Procurement heads should stay informed by following market reports, considering long-term contracts, and diversifying suppliers to mitigate potential risks associated with price volatility.

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