LPG Price in South Korea
The chart above illustrates LPG prices in South Korea, in KRW/kg, from October 2024 to October 2025, as follows:
- Propane, imp, KR: Propane, import spot, cif, South Korea
- Butane, whl, KR: Butane, wholesale spot, ddp, South Korea
- Butane (n-), imp, KR: Butane (n-butane), import spot, cfr, 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.
The Propane, imp, KR price was around 699 KRW per kg in October 2025, which represents a 10.7% fall compared to the previous month's value. On a year-over-year basis, Propane, imp, KR prices decreased by 7.5%.
In October 2025, the Butane, whl, KR price was approximately 1,410 KRW per kg. This shows a fall of 2.9% from the previous month and a 3.3% decrease year-over-year.
Butane (n-), imp, KR price was around 720 KRW per kg in October 2025, indicating a 9.9% fall compared to the prior month's value. Annually, prices for Butane (n-), imp, KR dropped by 15.4%.
The LPG, whl, KR price in October 2025 stood at approximately 1,840 KRW per kg, representing a marginal fall of 0.1% from the previous month. On a year-over-year basis, LPG, whl, KR prices saw a decrease of 1.4%.
Recent data, updated on May 7th, 2026, 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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