Press Releases

OPIS Expands Global Pricing Transparency with Launch of Global LPG & Naphtha Report

Rockville, MD — November, 4, 2024 —OPIS, a Dow Jones Company and leading provider of energy and commodity pricing, announces the launch of the OPIS Global LPG & Naphtha Report, providing detailed global price assessments and comparisons for LPG markets. This report addresses the increasing demand for accurate, globally comparative pricing as U.S. LPG exports from Mont Belvieu continue to grow.

The Global LPG & Naphtha Report offers market participants daily insights into delivered pricing from Mont Belvieu to over 20 international ports. It integrates Mont Belvieu’s benchmark prices with other key pricing benchmarks, including Free On Board (FOB) prices at international supply hubs and Saudi Contract Price (CP) comparisons. The report also includes detailed freight rates for VLGCs (Very Large Gas Carriers) and MGCs (Medium Gas Carriers), Panama Canal transit costs, and the latest port status updates.

Key Features of the OPIS Global LPG & Naphtha Report:

  • Daily Global Price Assessments: FOB prices, Saudi Contract Price (CP), spot market CIF/CFR prices and OPIS Mont Belvieu Delivered prices based on OPIS Mont Belvieu benchmark prices plus terminal fees and freight.
  • Compare delivered prices from Mont Belvieu to over 20 international ports, with insights into benchmarks like Saudi Contract Price (CP) and FOB prices at key supply hubs.
  • Freight and Panama Canal Costs: Includes daily updates on VLGC (Very Large Gas Carrier) rates and weekly MGC (Medium Gas Carrier) rates, as well as Panama Canal transit costs, helping you monitor transportation costs.
  • Market Intelligence: Access data on facility outages and insights, plus from Asia’s steam cracking survey, to help you assess supply trends and volatility.

The report provides integrated pricing and market intelligence to support participants across the LPG value chain, including chemical producers, traders, procurement managers, and exporters, in making informed pricing and sourcing decisions.

For further details on the OPIS Global LPG & Naphtha Report, visit https://www.opisnet.com/product/pricing/spot/global-lpg-naphtha-report/

About OPIS

OPIS, a Dow Jones company, is a recognized source for pricing, news, and analysis across the global fuel supply chain. OPIS’s data and insights support markets worldwide, providing transparency for spot, wholesale, rack, and retail prices.

About Dow Jones

Dow Jones, a global provider of business information and news, delivers content across multiple formats, including leading publications and services such as The Wall Street Journal, MarketWatch, and Factiva. Dow Jones is part of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).