LPG Prices Fluctuate in 2025 - Get the Latest Insights on Price Trends!

North America LPG Prices Movement Q1 2025:

LPG Prices in the United States:

US LPG prices have been extremely volatile over the first quarter of 2025, (peaking at 835 USD/MT in March), due to very cold weather sweeping across major parts of the USA, strong export demand and changing domestic demand trend. Drawdowns pushed inventories lower, and prices skyrocketed in response to an early-quarter cold spell that boosted heating demand. But after the end of March, a further reduction in local demand mitigated manoeuvring at the market level. This volatility is consistent with the wider seasonal and logistical moves that are affecting the LPG Prices Trend across the region, as outlined by the LPG Prices Forecast Chart.

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APAC LPG Prices Movement Q1 2025:

LPG Prices in China:

In Q1 2025, LPG prices in China saw considerable volatility, with the price at 671 USD/MT in March. These movements in prices were largely influenced by supply-demand balance and crude oil price changes. A glut of butane and propane had initially driven prices down, but as the winter wore on demand grew for propane to use as a heating fuel. Prices recovered, too, supported by strong demand from the petrochemical sector and low inventories. According to LPG Prices Outlook Graphic, these changes will stress the LPG Prices Next 6 Months.

Regional Analysis: The price analysis can be extended to provide detailed LPG price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

MEA LPG Prices Movement Q1 2025:

LPG Prices in Saudi Arabia:

LPG prices in Saudi Arabia surged between January and March 2025, to as much as 623 USD/MT. These price changes resulted primarily from supply trends, with an overabundance of butane and propane early in the quarter, which put a lot of downside pressure on prices. Rates rebounded despite a pullback in crude oil among strong seasonal demand for propane mid-quarter. The LPG Prices Trend also reflected this volatility, as the demand was kind of mixed while supply also had its limitations. continues to fluctuate in the near term due to seasonal demand patterns and supply factors on the market.

Regional Analysis: The price analysis can be expanded to include detailed LPG price data for a wide range of European countries:

Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Latin America LPG Prices Movement Q1 2025:

LPG Prices in Brazil:

Brazilian LPG pricing sees large Q1 2025 fluctuations LPG prices in Brazil fluctuated significantly during Q1 2025, with prices reaching 750 $/t in March on the back of seasonal demand for heating fuels, in particular propane. Demand for Propane soared on plummeting temperatures, impacting the price of LPG. Furthermore, Brazil encountered major logistical problems in its supply chain, with export issues cutting the supply of LPG and worsening price volatility. These seasonal changes, together with supply restrictions, had a major influence on the Dynamics of LPG Prices Forecast in Brazil during the quarter according to LPG Prices Forecast Char.

Regional Analysis: The price analysis can be extended to provide detailed LPG price information for the following list of countries.

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

What factors caused LPG price fluctuations in Q1 2025?

Seasonal demand, supply chain complexities and crude oil price movements also led to fluctuations in LPG prices in selected markets.


How did seasonal demand impact LPG prices in Q1 2025?

Higher demand for heating fuels, notably propane, in the colder months lifted LPG prices in places such as China, Saudi Arabia and Brazil.

What were the primary causes of LPG price volatility in Brazil during Q1 2025?

LPG price shifts in Brazil were caused mainly by demand seasons (women...) for propane and some export issues in the supply chain.

Why did LPG prices drop early in Q1 2025 in regions like Saudi Arabia?

LPG prices fell sharply at the beginning of the quarter due to oversupply of butane and propane, combined with a reduction in butane and propane demand at the start of the period.

How do changes in supply and demand affect LPG prices according to the LPG Prices Forecast Chart?

Within the LPG Prices Forecast Chart it is suggested supply and demand variations (e.g., higher consumption rates during high-demand seasons, supply chain disruptions, etc.) are key for price dynamics.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
o Spot Prices by Major Ports
o Price Breakup
o Price Trends by Region
o Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, "LPG Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition," presents a detailed analysis of LPG price trend, offering key insights into global LPG market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences.

Moreover, the report examines LPG demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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This release was published on openPR.