During the latest mid-month period, prices at Mont Belvieu, Texas, decreased. The posted prices decreased 1.333 cents/gal, from November mid-month to December mid-month, and the spot prices decreased 2 cents. Conway, Kansas, postings increased 0.786 cents/gal, and spots decreased 0.375 cents over the month.
Mont Belvieu Postings
The Mont Belvieu mid-November posted price was 89.73 cents/gal. The next week the price increased 0.75 cents to 90.48 cents, followed by a 2.75-cent increase to 93.23 cents the next week. Prices then decreased 3.25 cents to 89.98 cents the first week of December. At mid-month, postings decreased 1.583 cents to 88.397 cents/gal. Compared to the same time in December 2023, the December 2024 prices were 10.083 cents higher.
Conway Postings
The Conway mid-November posted price was 77.476 cents/gal. The next week the price increased 0.55 cents to 78.026 cents, followed by a 2.35-cent increase to 80.376 cents the next week. Prices then decreased 0.126 cents to 80.25 cents the first week of December. At mid-month, postings decreased 1.988 cents to 78.262 cents/gal. Compared to the same time in December 2023, the December 2024 prices were 11.159 cents higher.
Mont Belvieu Spots
Mont Belvieu spots opened mid-November at 78.875 cents/gal. The next week the price rose by 2.625 cent to 81.5 cents, followed by a 0.25-cent increase to 81.75 cents the next week. Prices then decreased 5.375 cents to 76.375 cents the first week of December. At mid-month, they rose 0.5 cents to 76.875 cents/gal. Compared to the same time in December 2023, the December 2024 prices were 10 cents higher.
Conway Spots
Conway spots opened mid-November at 73 cents/gal. The next week the price rose by 1.25 cent to 74.25 cents, followed by a 1.75-cent increase to 76 cents the next week. Prices then decreased 2.75 cents to 73.25 cents the first week of December. At mid-month, they fell 0.625 cents to 72.625 cents/gal. Compared to the same time in December 2023, the December 2024 prices were 10.625 cents higher.
SOURCE: The BPN Pricing & Supply Newsletter, Dec. 12, 2024. BPN Pricing & Supply Newsletter subscribers receive all the latest posted and spot prices from major terminals and refineries around the U.S. delivered to inboxes every week. Receive a center spread of posted prices with hundreds of postings updated each week, along with market analysis, insightful commentary, and much more not found elsewhere.
