Latin America LPG Prices Movement Q4 2024:LPG Prices in Brazil:
The International LPG Price Chart reflects a sharp surge in Brazil's LPG prices during Q4 2024, reaching 730 USD/MT, driven by increased demand for heating fuels as winter set in, particularly for propane, a key component of LPG. This rising demand disrupted market equilibrium, causing inland propane prices to rise significantly. The situation was further exacerbated by export difficulties from the U.S. in November, which resulted in a reduced supply that was unable to meet Brazil's growing energy needs.
Consequently, tightening market conditions led to significant price volatility, impacting both consumers and industries reliant on LPG. The LPG Prices Forecast illustrates the fluctuation in prices, highlighting how global supply disruptions and seasonal demand influenced the market during this period.
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Note: The analysis can be tailored to align with the customer's specific needs.
Regional Analysis: The price analysis can be extended to provide detailed LPG price information for the following list of countries.
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.
Factors Affecting LPG Demand and Prices
LPG demand and prices are influenced by seasonal variations, industrial and household consumption, and global supply chain dynamics. Key factors include weather conditions, crude oil and natural gas prices, geopolitical events, and trade policies. Supply disruptions, transportation costs, and refinery output also impact market trends, leading to price fluctuations.
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Key Coverage:
Market Analysis
Market Breakup by Region
Demand Supply Analysis by Type
Demand Supply Analysis by Application
Demand Supply Analysis of Raw Materials
Price Analysis
Spot Prices by Major Ports
Price Breakup
Price Trends by Region
Factors Influencing the Price Trends
Market Drivers, Restraints, and Opportunities
Competitive Landscape
Recent Developments
Global Event Analysis
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