US Spot Normal Butane Prices Dropped Sharply This Week


   
    

   CANYON LAKE, Texas (DTN) -- U.S. spot normal butane prices finished higher 
Friday but moved sharply lower in the week on concerns over lower demand for 
gasoline blending in the fall due to Covid-19.

   Mont Belvieu Enterprise spot normal butane edged up 0.375cts Friday to 
51.75cts gallon but in the week slid 5.125cts or 9.9%. Mt. Belvieu Enterprise 
spot normal butane ended the trade session Thursday at a more than two week low 
51.125cts gallon.  

   In the Midcontinent, Conway spot normal butane rose 2.25cts Friday at 
50.75cts gallon, down 4.25cts or 7.7% in the week. Conway spot normal butane 
ended the trade session Thursday at a more than four-week low 48.5cts gallon.

   The nearby New York Mercantile Exchange RBOB futures contract dropped 
9.77cts or 7.6% this week, ending the trade session Friday at $1.1871 gallon.

    

    

   Alton Wallace, 1.832.646.9229, alton.wallace@dtn.com. http://www.dtn.com.




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