Propaneprice.com Tour | Step #2
Market Pulse and Pricing
The Market Pulse at the top of the screen is updated daily and delivers a concise snapshot of what is driving the price of propane at that time. The market pulse is often updated during each business day as new factors push the market up or down. The market pulse often provides both a short-term and long-term perspective.
This screen, available by email and fax as well as on the website, is updated four times a day. The key hubs of Conway, Kansas; Mt. Belvieu, Texas; and Hattiesburg, Mississippi along with Crude Oil and Natural Gas are updated four times a day. Noticing a trend early will help you know if postings will change before they are released in the afternoon and you can decide whether to get that next load before or after midnight. Saving two and a half cents per gallon on one load pays for your annual subscription!
Propane trades in relation to Crude Oil and Natural Gas. Following what is happening with those products can give further insight into where propane prices are going. The chart at the right provides a graphical representation of where propane is trading in relation to Crude Oil and Natural gas not only presently, but in contract months far out into the future. The quick glance shows you what you would spend to position propane for future months. The relation to Crude and Natural Gas for that month should be considered.
