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Feast from the East

Asian propane strengthened on tighter spreads and recovering PDH rates, while volatile US exports drove mixed signals.
Published: June 3, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
17 page report
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This fortnight, we have continued to see spread strength in the east, with the Jul/Aug'26 C3 Far East propane Index (FEI) contract rallying from $24/mt on 25 May to $50.50/mt on 03 Jun. The rolling M1/M2 spread remains at seasonal highs.

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