Ethane Prices | Current and Forecast
Monitor Ethane Prices Worldwide
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Monitor monthly Ethane price assessments covering 2 locations: United States and Middle East. Also check Ethane price history since 2007 and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Ethane.
Data Legend. The chart above shows Ethane price assessments in USA Dollar per metric ton (USD/mt) in 2 locations, as follows:
- Ethane, US (United States): Ethane, export spot price, fob, Mont Belvieu
- Ethane, MDE (Middle East): Ethane, domestic spot price, exw, Saudi Arabia
Data Use. Ethane prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Ethane price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 224 commodities including Ethane
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Locations
Prices Directly In Excel
Plans Starting at $299 USD /year
Ethane Price Outlook. The price of Ethane (United States) decreased during April 2019 to 169 USD per metric ton, which represents a considerable decline of 16% compared to the previous month’s value. On a year-over-year basis, the prices of Ethane (United States) decreased significantly by 18%. Meanwhile, the average price of Ethane (Middle East) did not change, from 86 USD per metric ton one year earlier. On a month-over-month basis, the price of Ethane (Middle East) was flat.
About Ethane. Ethane is an organic compound, in the paraffinic hydrocarbon class. It is a colorless, odorless gas, very sparingly soluble in water but soluble in ether, alcohol and highly soluble in benzene. Ethane is the second-largest component of natural gas, the first one being methane. First synthesized in 1834, ethane is today mostly used for ethylene production. Ethane consumption in the United States has increased during the past several years, being the most consumed hydrocarbon gas in the US since 2013.
Ethane Handling. Ethane is stored as a cryogenic liquid since it is an extremely flammable gas at room temperature. Exposure to elevated temperatures can cause ethane to decompose. Avoid contact with oxidizing materials such as chlorine, halogens, oxygen, and ozone. Direct contact with liquid ethane can result in severe frostbite. At storage and transportation, ethane should be handled with care as ethane vapors can displace the oxygen available for breathing since they are heavier than air. If the vapors encounter an ignition source, the chemical reaction can flash back to the source of ethane from which they evaporated. Due to being a relatively difficult gas to liquify and transport in bulk, Ethane is traditionally not traded overseas, but instead transported through pipeline hubs to consumers, mostly other industrial facilities. It can, however, be transported in ethylene carriers, ships equipped with type C semi-pressurized containment systems, with capacities ranging between 1500 and 15000 cubic meters.
Ethane Production. Raw materials and the respective production processes employed in the manufacturing of Ethane are listed below.
- Natural gas (fractionation)
Ethane Uses. The uses and applications of Ethane may vary according to its specification. The main forms of Ethane are technical grade (95% purity); chemically pure (CP, 99% purity) grade; research grade (99.999% purity); and ultra high-purity (UHP, 99.95% purity).
