Iso-butane Jumps 10% at Conway

摘要

Commodity prices, notably crude oil, continued to rise this week with NGL prices following suit. The average NGL price this week jumped 5% at Conway and 3% at Mont Belvieu. The biggest gain was for iso-butane, which rose 10% to $1.25 at Conway. This is the highest price for the NGL at the hub since it traded at $1.50 in the first week of Oct. 2008. The Mont Belvieu price for iso-butane increased 3% to $1.19, its highest price since the second week of Oct.