LPG Price in South Korea
The chart above illustrates LPG prices in South Korea, in KRW/kg, from February 2025 to February 2026, 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 reached approximately 776 KRW per kg in February 2026. This reflected a 4.6% increase from the prior month, and a 5.2% rise on a year-over-year basis.
For February 2026, the Butane, whl, KR price was about 1,410 KRW per kg, showing no change from the previous month. Compared to the previous year, prices for Butane, whl, KR saw a 9.1% decrease.
The Butane (n-), imp, KR price was recorded at approximately 796 KRW per kg in February 2026, marking an 8.1% increase from the month prior. Year-over-year, Butane (n-), imp, KR prices grew by 1.2%.
In February 2026, the LPG, whl, KR price stood at about 1,840 KRW per kg, indicating a slight rise of 0.1% from the previous month. Annually, LPG, whl, KR prices declined by 7%.
Recent data, updated on October 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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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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Energy Balance & Self-Sufficiency
Assess South Korea's energy balance and self-reliance, identifying exposure to external supply sources.
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