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Settlement Week

We saw 980kb and 450kb of net buying in the Sep'26 and Oct'26 LST/FEI arb this week, respectively, although players remain out of the money.
Published: August 26, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
17 page report
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The M1 C3 LST (US Mont Belvieu TET propane) dropped sharply from above 77c/gal on 20 Aug to finally find a floor at 70c/gal on 26 Aug. This emerged alongside 1.4mb of net selling vs Onyx in the Sep'26 LST, mostly from trade houses. The Oct'26 contract has seen 500kb of trade house buying....

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

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