During the latest mid-month period, prices at Mont Belvieu, Texas, increased. The posted prices increased 6 cents/gal, from October mid-month to November mid-month, and the spot prices increased 3.625 cents. Conway, Kansas, postings increased 1.35 cents/gal, and spots increased 2.75 cents over the month.
Mont Belvieu Postings
The Mont Belvieu mid-October posted price was 83.730. The next week the price decreased 0.333 cents to 83.397 cents/gal, followed by a 4-cent increase to 87.397 cents the next week. Prices increased 2.167 cents to 89.564 cents the first week of November. At mid-month, postings increased 0.166 cents to 89.73 cents. Compared to the same time in November 2023, the November 2024 prices were 15.35 cents higher.
Conway Postings
The Conway mid-October posted price was 76.126 cents/gal. The next week the price decreased 0.5 cents to 75.626 cents/gal, followed by a 3.45-cent increase to 79.076 cents the following week. The price increased 0.2 cents to 79.276 cents the first week of November. At mid-month, postings decreased 1.8 cents to 77.476 cents/gal. Compared to the same time in November 2023, the November 2024 prices were 10.791 cents higher.
Mont Belvieu Spots
Mont Belvieu spots opened mid-October at 75.250. The next week the price rose 0.75 cents to 76 cents/gal, followed by a 5.375-cent increase to 81.375 cents the next week. Prices fell 0.625 cents to 80.75 cents/gal the first week of November. At mid-month, they fell 1.875 cents to 78.875 cents/gal. Compared to the same time in November 2023, the November 2024 prices were 17.125 cents higher.
Conway Spots
Conway spots opened mid-October at 70.25 cents/gal. The next week the price rose by 1.25 cents to 71.5 cents/gal., followed by a 2.5-cent increase to 74 cents the following week. Prices rose by 0.5 cents to 74.5 cents for the first week of November. At mid-month, they fell 1.5 cents to 73 cents/gal. Compared to the same time in November 2023, the November 2024 prices were 13 cents higher.
SOURCE: The BPN Pricing & Supply Newsletter, November 14, 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.
