Propane Price Chart & Market Analysis 2026

Propane Price Information

Newest Price 661.45

Price Date 20251216

Day's Change +0.78

Day's Range 661.45 - 662.23

Month's Change 0

Month's Range 0 - 0

Year's Change -659.75

Year's Range 0 - 659.75

Opinions

How will US export growth and China's tariffs reshape the global propane trade?

The tariff impact is asymmetric. US exporters can redirect cargoes to South Asia and Europe, but Chinese PDH operators face thinner margins with limited alternative supply. Watch the arbitrage window for Middle Eastern propane—Qatar and the UAE could gain market share if US-China tensions persist.

Why is China's PDH capacity expansion outpacing global demand growth?

The real bottleneck is not propane supply but polypropylene demand. China's PP capacity exceeds consumption by 25%, and price wars are endemic. PDH operators without captive PP offtake or export channels will face the toughest squeeze, especially as new coal-to-olefins capacity adds further pressure.

What are the key safety risks of bulk propane storage and transport?

Beyond physical safety, consider the supply chain angle. A single tank rupture at a storage facility can halt operations for weeks. Major PDH operators now invest in underground cavern storage—like Donghua Energy's 5-million-tonne facility in Ningbo—not just for inventory flexibility but also as a safety buffer against such disruptions.

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Overview

Propane (C3H8, CAS 74-98-6) is a colourless, odourless gas at room temperature that liquefies under pressure, with a boiling point of -42.1°C and a density of 0.564 g/mL at 20°C. It is a versatile hydrocarbon used as a fuel and as a chemical feedstock, particularly for propylene production.

Fuel: used in LPG for household cooking and heating, as well as in outdoor grills and industrial cutting and welding due to its high flame temperature and concentrated heat.
Chemical feedstock: a key raw material for propane dehydrogenation (PDH) to produce propylene, which feeds downstream acrylic acid, acrylonitrile, and epoxy propane chains.
Safety note: its wide flammable range (2.1%–9.5% in air) and vapour heavier than air pose explosion and fire risks in leak scenarios.

China's propane demand is driven by PDH capacity expansion, with imports growing significantly in recent years to feed new plants. Domestic supply is supplemented by LPG by-product streams, and the market is closely tied to global LPG pricing trends.

Key domestic producers:
Bin Hua Co. – a major domestic producer with a market share of about 9.5%.
Wanhua Chemical – operates a large-scale epoxy propane unit.
Weiyuan Co. – active in epoxy propane production.

Properties

Name

Propane

A-108

C3H8

Freon 290

Popane

CAS Number

74-98-6

EINECS No.

200-827-9

Risk Codes

S9;S16

Safety Description

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Propane Price Information

Opinions

How will US export growth and China's tariffs reshape the global propane trade?

Why is China's PDH capacity expansion outpacing global demand growth?

What are the key safety risks of bulk propane storage and transport?

Latest News

Analysis of the Month-on-Month Decline in China's LPG Imports in August

According to customs data, China's exports of liquefied petroleum gas (LPG) reached 12.9 [units missing in source] in August 2026.

Propylene Repair Cycle Resurges; Short-Term Bullish Momentum Persists

Propylene Prices Warm After Decline; Supply-Demand Tug-of-War May Cap Rebound Potential

In July 2026, China's liquefied petroleum gas (LPG) import volume registered a significant month-on-month surge.

In July 2026, China's liquefied petroleum gas (LPG) exports registered a month-on-month increase.

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