Data reported by the Canada Energy Regulator (CER) for Canada’s propane inventories at the end of September show them to be near the middle of the five-year range. Stocks in Western Canada (left hand chart in top figure below) are reported at 7.04 MMb, a gain of 0.67 MMb versus August. Those in Eastern Canada (right hand chart) are pegged at 4.23 MMb, an increase of 0.18 MMb over August. Market indications are that propane production, demand, and exports to the United States remain near average levels for this time of year.
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- Analyst Insight
Canadian Propane Inventories At or Below Average Levels In October, Butane Stocks Slip Again
Canada's stocks of propane and butane remain at or below the five-year average. Notable were propane stocks in eastern Canada continuing to close the deficit to the five-year average due to one of the warmest Octobers on record.
- Analyst Insight
Canadian Propane and Butane Inventories Experience Seasonal Declines in November
Canada's stocks of butane and propane fell in typical seasonal fashion as either cooler weather or exports pulled down propane stocks, while butane was sent lower on greater use by refineries or as diluent for the oil sands.
- Analyst Insight
Canada's Propane Stocks Remain Buoyant, Butane Stocks Back in the Five-Year Range
Canada's propane stocks remain buoyant at mid-year while butane stocks continue to recover into the five-year range.