Mont Belvieu Propane Climbs to $0.855/Gal, 11% Above Five-Year Median

Mont Belvieu propane spot settled at $0.855/gal this week, up 5.7% on the week and 11% above the five-year median, per EIA data. US propane exports ran at 2.213 million barrels per day, 33% above the five-year median. Domestic product supplied came in at 1.038 million barrels per day, 71% above the five-year median, with primary stocks at 109.1 million barrels heading into heating season.

• US propane demand (product supplied): 1.038 million barrels per day, up 58% week over week and 71% above the five-year median (EIA Weekly Petroleum Status Report). The trailing four-week average used as the days-of-supply denominator sits at 0.863 million barrels per day, well below this week's reading.
• US propane exports: 2.213 million barrels per day, up 13% week over week and 33% above the five-year median (EIA Weekly Petroleum Status Report).
• PADD 2, the Midwest, propane imports: 0.030 million barrels per day, down 45% week over week but still 50% above the five-year median.
• PADD 1 propane imports: 0.015 million barrels per day, up 15% week over week but 32% below the five-year median.
• PADD 1B, the Central Atlantic, propane stocks: 5.1 million barrels, 14% below the five-year median, the widest regional deficit this week.

US primary propane stocks stood at 109.1 million barrels as of September 11, covering 126 days of supply at the trailing four-week product-supplied average of 0.863 million barrels per day. PADD 3, the Gulf Coast, holds 69.6 million barrels, 20% above the five-year median. EIA's Short-Term Energy Outlook puts US propane/propylene inventories at 100.4 million barrels at the end of December 2026.