North America LPG Report

Benchmark Daily LPG/NGL Prices & Market News

The vital pricing benchmark for doing business in the LPG sector.

From the vital Mont Belvieu, Texas cargo hub to the Conway, Kansas market and beyond, you’ll have access to comprehensive spot pricing, news and analysis for NGL markets across North America.

As the official spot benchmark, almost every gallon of propane, butane, ethane and natural gasoline in the U.S. market is tied to OPIS pricing. OPIS covers U.S. natural gas liquids spot markets on a full-day basis, canvassing an unparalleled source pool to provide pricing you can trust.

Try the OPIS North America LPG Report free for 5 days. It’s published daily, contact us to find out how to get your report.

View the North America LPG Report fact sheet.

Key Features and Benefits

  • Daily assessments for spot natural gas liquids prices include current month, prompt, and month out timings.
  • Daily price assessment for U.S. Gulf Coast FOB LPG for the LPG export cargo resale market.
  • Prices tracked for Mont Belvieu, Texas; Conway and Bushton, Kan.; Napoleonville and Geismar/Sorrento, La.; Hattiesburg, Miss.; Los Angeles, Bakersfield, and San Francisco, Calif.; and Sarnia and Edmonton, Canada.
  • Daily average and month-to-date average NGL prices help you identify price spreads and arb opportunities among major storage hubs.
  • Frac spreads for all products show the profit margin for extracting NGLs from the natural gas stream.
  • Comprehensive percentage-of-crude snapshots value U.S. NGLs against WTI or Brent day-to-day or over 20-day periods.
  • Our NGL Basket OPIS Mont Belvieu Non-TET assessment gives an accurate price for Y-grade raw mix, allowing you to price the entire slate of NGLs.
  • Key international market comparisons show you how U.S. NGLs are competing globally.
  • Breaking news coverage reveals trends impacting global LPG supply and demand.
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Introducing the OPIS Carbon Offset NGL/LPG Index

OPIS Carbon Offset NGL/LPG Index reflects spot prices for NGLs (propane, butane, ethane) combined with carbon credits necessary to offset the fuels’ emissions.

The lack of liquidity in the renewable propane market poses a significant challenge. With a limited volume of renewable propane available, sold under undisclosed formulas, participants face difficulty in understanding the true costs of offsetting propane’s carbon footprint.

The OPIS Carbon Offset NGL/LPG Index helps you assess and hedge the cost of offsetting the carbon impact of propane, butane and ethane. With assessments for propane, butane and ethane pricing at Mont Belvieu and FOB Arab Gulf, the indices provide a means to establish the cost to offset carbon footprints, enabling companies to calculate and evaluate investments in purchasing offsets, investing in projects that generate offsets, and bringing transparency on costs for the entire value chain.

View the Carbon Offset NGL/LPG Index factsheet

Please note the Carbon Offset NGL/LPG Index can ONLY be accessed via Context. For more information, please get in touch with Customer Service: 

Key Pricing Features:

These indices are the first to combine widely traded NGL and carbon offset benchmarks, providing an avenue for carbon offset pricing risk mitigation to the NGL market.

With daily pricing and historical data, we provide a clear understanding of the baseline costs to offset carbon footprints associated with propane, butane, and ethane through offset purchases.

Unlocking benefits for key decision-makers:

  • For analysts, purchasing, compliance, sustainability functions, our solution provides a new vehicle for price risk mitigation.
  • Wholesale and retail businesses can enjoy the advantage of having well-documented line items on their invoices, enhancing transparency and accountability.
  • Market participants ranging from producers to consumers will be able to clearly communicate the cost of offsetting fossil NGLs to customers, financial entities, and their shareholders.
“The OPIS North America LPG Report provides us with our daily basis averages that we use to price customers and check our supplier costs. In addition, the 'In the News' segment helps our employees, who are not supply experts, understand a little more about what may be driving the market. ”
Arthur Ravo Paraco Gas, Vice President – Supply Chain