Gas Market Report
NORTH WEST EUROPE: Large propane cargoes have see-sawed over the week in reaction to crude movements more than to the propane market requirements. We have seen numbers fluctuate in the mid $870s to the high $880s in a market that is waiting winter demand to kick in. At the moment most of the demand is being met by local contract/equity/storage tons but with the market finely balanced any sign of winter could set prices rising again especially as there appear to be no imports into the area scheduled for at least the first half of December.
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