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
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, firstname.lastname@example.org. http://www.dtn.com
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