June 29, 2015 – OPIS
OPIS North America LPG Report
(pgs 7-8)
NGL prices are expected to advance through the remaining six months of 2015, but gains are expected to remain limited. Mt. Belvieu ethane, currently just under 19cts/gal on a spot settlement basis today, is projected to hit just over 21cts/gal by December 2015, Friday's OPIS NGL Forwards Report shows.
In the meantime, ethane's story is really that of natural gas. July natural gas futures settled at $2.773/MMbtu on Thursday. The December contract settled at $3.106/MMbtu...