Energy · 3 views
Butane’s Perfect Storm Sends Prices to Decade Highs
Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. Butane prices are surging across the world.
Summary
Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. Butane prices are surging across the world. Northwest European November butane prices have reached $1,125/t by early November, their highest level in 30 years, having exceeded even the peaks following Russia’s invasion of Ukraine. In Asia, the AFEI butane index stood at $1,180/t on November 3.
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