Current Prices, Historical Series and Forecasts in Several Countries
Chart Description. Intratec provides Propane prices in several countries, as follows:
Chart Instructions. Hover the mouse over the series to view the respective Propane prices plotted. You can filter a given Propane price series by clicking on the respective legend label, right above the chart.
About Propane. Propane is an alkane which occurs naturally in petroleum and natural gas. Propane is in the group of liquefied petroleum gases (LPG) along with butane, propylene, butylene, isobutylene. It is hardly found in nature, besides petroleum deposits. Propane was discovered in 1857; however, it only became industrially produced in the start of the twentieth century, when it started being a component in gasoline in the United States. It is widely used in domestic applications and in the chemical industry.
Chemical Formula. C3H8
Commercial Grades. HD5 (customer grade, 90% minimum purity, maximum 5% propylene) and HD10 (maximum 10% propylene).
Uses. Propane is mainly employed as fuel for engines and heating applications (domestic and industrial); in the production of a host of organic chemicals in steam cracking; as a refrigerator; and as a propellant.
- Liquefied petroleum gas (fractionation, coproduced with butanes).
Derivatives. ethylene; propylene; and acrylonitrile.
Methodology. The pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. The information provided is obtained from gathering and refining of trade data officially reported for the respective countries (i.e., governmental agencies, institutions related to foreign trade and industry publications). For further details check our Methodology.
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