LPG in World Markets: Wide Propane-Naphtha Spread Fails to Boost NW Europe Imports
This current feature was extracted from the latest edition of Poten’s LPG in World Markets, a monthly service published on May 5, 2023.
The Northwest Europe propane-naphtha spread has been widening since early March 2023, with propane’s discount to naphtha increasing from $80.50/t on March 1, 2023, to a record $206.50/t as of April 11, 2023. Across the same period, the propane-naphtha ratio has also widened from 89% to 71%.
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