Platts Pitches NGL Curves for Risk, Procurement Management
When paired with Platts Bentek's forecasts, the new forward curves will give a complete short- and long-term view of NGL price expectations.
The curves cover current prices for contract delivery up to 36 months forward, for propane, ethane, ethane/propane mix, butane, isobutene and natural gas at three US physical storage and delivery locations: Conway, Kansas; Mont Belvieu Lone Star (LST) NGL pipeline in Texas, and Mont Belvieu non-LST in Texas.
"The NGL market is changing. Export of products from the US is very significant. We've had a lot of demand from customers for NGL curves in these core regions," says Stuart Wood, vice presid
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