Flux Markets | Feast from the East Skip to main content

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
Share

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.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Related News

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.

Brent rallies to $86.90

US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.

Brent Rises As Trump Reinstates Blockade

Brent rises as US-Iran tensions escalate. OPEC cuts 2026 demand outlook, while Nigeria output and global fuel security efforts grow.

Brent gaps higher but is slipping

Brent gives back early gains as traders assess US-Iran strikes, Hormuz shipping disruption and China's demand outlook.