US Butane Gains versus NYMEX WTI Futures Monday
CANYON LAKE, Texas (DTN) --- Spot butane prices finished at near three-month
highs at key U.S. supply hubs Monday, with Enterprise normal butane trading
above 60% of nearby NYMEX WTI crude oil futures for the first time in 1-1/2
Mt. Belvieu Enterprise normal butane and Conway normal butane both finished
2cts higher Monday, the former at 52cts gallon and the latter at 48cts gallon.
Enterprise normal butane traded late day at 60.6% of the nearby WTI futures
contract, which settled 5cts lower Monday at $35.44 bbl.
Mt. Belvieu Enterprise isobutane rose 1.75cts at 51.25cts gallon, a near
Alton Wallace, 1.832-646.9229, firstname.lastname@example.org. http://www.dtn.com
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