LPG Price in South Korea
The chart above illustrates LPG prices in South Korea, in KRW/kg, from March 2024 to March 2025, as follows:
- Propane, imp, KR: Propane, import spot, cif, South Korea
- Butane (n-), imp, KR: Butane (n-butane), import spot, cfr, South Korea
- Butane, whl, KR: Butane, wholesale spot, ddp, South Korea
- LPG, whl, KR: LPG (propane, butane and isobutane), wholesale spot, ddp, South Korea
Further information about price assessments covered can be found in the assessments guide.
In March 2025, the Propane, imp, KR price was approximately 830 KRW per kg. This represents a 12.6% rise compared to the previous month's value, and on a year-over-year basis, Propane, imp, KR prices increased by 9%.
The Butane (n-), imp, KR price in March 2025 was around 736 KRW per kg. This indicates a 6.3% fall from the previous month's value, while on a year-over-year basis, prices decreased by 1%.
Butane, whl, KR price in March 2025 was approximately 1,550 KRW per kg, showing no change (0%) compared to the prior month's value. Annually, Butane, whl, KR prices increased by 12.4%.
The LPG, whl, KR price was around 1,980 KRW per kg in March 2025. This value represents no change (0%) compared to the previous month, and on a year-over-year basis, LPG, whl, KR prices increased by 0.8%.
Recent data, updated on October 3rd, 2025, can be found in the South Korea Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for LPG and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in South Korea, presenting price assessments and market analyses of production, demand, trade, and South Korea's energy self-sufficiency.
Price Assessments Covered in the Report
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Current Prices
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Price Forecasts
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Historical Prices
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Beyond Prices: Market Analyses Covered
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Production & Demand
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Imports & Exports
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