"Analysis of LPG Prices: Spotlight on October 2023"

October 2023 has proven to be a significant month for Liquefied Petroleum Gas (LPG) prices, with price changes highlighted by several sources. In particular, the Algerian market has shown interesting movements, as reported by authoritative sources.

The international contract stipulated in October 2023 saw the Algerian company Sonatrach modify the prices of propane and butane, with a variation of +30 and +20 $/t respectively. Furthermore, in the case of Bethioua propane and butane, the variations were +50 and +45 $/t, as anticipated by Platts.

The S&P Global Platts platform, specialized in collecting international prices of petroleum products, confirmed the trend in prices.

Regarding local prices, GlobalPetrolPrices.com showed that in Algeria the price of LPG remained stable in the period from July 17, 2023 to October 23, 2023.

These variations in LPG prices reflect the inherent instability of the energy market, highlighting the need for industry operators to stay up to date on current trends. Official sources and specialized platforms remain the main resources for monitoring prices and planning effective strategies in a constantly evolving market.