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Gas Market Report

NORTH WEST EUROPE: Large Cargoes: Large cargo propane prices have come under pressure again this week with falling crude and lack of demand from any sector. Prices are seen around the mid $820s with one prompt cargo being traded at an equivalent price of $825. This cargo took out the only buyer of first half September product. Pockets of demand are now starting to appear for second half September and early October which may help to halt any further decline in prices.

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