Australia continues to export no propane in May

: LPG
21/07/02

There were no Australian propane shipments in May for the second straight month, which is the first time in the past 10 years. This dragged total LPG volumes to a two-year low with butane exports at their second-lowest monthly level so far this year.

Prior to April there have only been two months since November 2010, May 2019 and November 2018, that there have been no propane exports. The only month over the same period that there were no butane exports was in May 2019. Argus started collating LPG trade data supplied from the Australian Bureau of Statistics (ABS) in November 2010.

Butane shipments were at their second-lowest monthly level this year after February's 49,300t. There were no details on export destinations for the butane shipments.

The average export price for combined shipments was $502.93/t in May, up from 481/t in April and well above the May 2020 average of $286.81/t. The May average export price was based on a US-Australian dollar exchange rate of $0.7759.

By Kevin Morrison

Australia LPG exports (t)
	May '21	Apr '21	May '20	YTD 2021	YTD 2020	YTD % ±

Butane	66,396	93,148	82,104	507,075	490,631	3.4
Propane	0	0	116,932	314,663	590,874	-46.8
Total	66,422	93,150	199,044	824,140	1,081,609	-23.8
Source: ABS, GTT

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25/12/16

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EU to dilute Ice vehicle phase out: German lawmaker

25/12/15

EU to dilute Ice vehicle phase out: German lawmaker

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Aramco Jafurah project still in commissioning: Resend

25/12/15

Aramco Jafurah project still in commissioning: Resend

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Supply surplus masks regional market tightness: IEA

25/12/11

Supply surplus masks regional market tightness: IEA

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Saudi Arabia brings giant Jafurah gas project onstream

25/12/03

Saudi Arabia brings giant Jafurah gas project onstream

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