Tag: Propane propylene production

Petrochemical Demand Signals Propane Supply Pressure

Propane marketers who focus only on weather-driven heating demand often miss a critical driver of supply tightness: petrochemical consumption. Propane used as feedstock for propylene production competes directly with residential and commercial markets for the same barrels. When petrochemical demand strengthens, it can quietly tighten supply availability, shift pricing dynamics, and increase procurement risk, often… Continue reading Petrochemical Demand Signals Propane Supply Pressure

Surging U.S. Propane Exports Propel Record Highs, Fueled by Asian and European Demand

In recent years, the United States has experienced a remarkable surge in propane exports to Asia, contributing to the country reaching an all-time high in March 2023. According to the U.S. Energy Information Administration (EIA), the U.S. propane export level soared to a record-breaking 1.7 million barrels per day (bpd) in March 2023, marking the… Continue reading Surging U.S. Propane Exports Propel Record Highs, Fueled by Asian and European Demand