| Ethane |
9.13
-3.25
|
|---|---|
| Propane |
3.44
-1.50
|
| Last updated: October 4, 2026 09:28 | |
C2 & C3: MB-CW Spread
C2 and C3 MB to CW Spread – Difference between OPIS Mont Belvieu (MB) and Conway(CW) prices for Ethane and Propane in cents per gallon. Another important indicator in the NGL markets is the differential between prices in the major trading hub in Mont Belvieu, TX and the secondary, midcontinent hub in and around Conway, KS.
Related Articles
Movin’ On – The Infrastructure That Keeps Permian NGLs Flowing
The Permian is the country’s largest NGL-producing region, and its output is expected to keep growing. By 2035, the basin is forecast to account for 53% of U.S. NGL production. Handling that growth will require a complex network of pipelines, fractionators and other infrastructure.
U.S. Propane Inventories Climb as Exports Sink
U.S. propane inventories climbed more than expected, with Gulf Coast stocks reaching a record high, while exports fell sharply. Total inventories remain 19% above the five-year average as the market moves toward the seasonal draw period.
Propane/Propylene Stocks Decline as Exports Continue to Grow
The EIA reported a total U.S. propane/propylene inventory draw of 1.2 MMbbl for the week ended September 18, with essentially all of it out of PADD 3 and driven by rising reported exports.
Counterseasonal Draw Begins to Erode U.S. Propane Inventory Surplus
U.S. propane inventories posted a counterseasonal 1.4-MMbbl draw. Stocks remain historically high, but continued draws or below-normal builds could quickly narrow the surplus ahead of the winter heating season.
Wolf Midstream Announces Phase Three Expansion of its NGL North System
Wolf Midstream announced it is moving forward with a Phase Three expansion of its NGL North system in Alberta.