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# Belvieu Spot Reaches $1.133/Gal, 52.1% Above the Five-Year Median

_Oct 21, 2026_

> Mont Belvieu propane spot hit $1.133/gal this week, up 9.2% on the week and 52.1% above the five-year median. Missouri wholesale reached $1.212/gal, up 11%. Arkansas posted the sharpest retail gain at $2.596/gal, up 9% on the week.

_Numbers as of Oct 21, 2026 pull._

Mont Belvieu propane spot reached **$1.133/gal** this week, up 9.2% on the week and 52.1% above the five-year median (EIA). Missouri wholesale propane came in at $1.212/gal, up 11% on the week and 51.5% above the five-year median per the EIA weekly price survey. At the retail level, Arkansas residential propane posted the largest weekly gain in the survey, rising 9% on the week to **$2.596/gal** and landing 18.6% above the five-year median.


[Chart: Mont Belvieu propane spot price](https://fill-line.com/current-price/propane) ([data](https://fill-line.com/current-price/propane.md) — chart image: https://fill-line.com/charts/issues/propane/2026-10-21/current-price/propane.png)


- **US propane exports** came in at 2.032 million barrels per day, up 2% from the prior week and 77.3% above the five-year median (EIA Weekly Petroleum Status Report). EIA's Oct. 1 Today in Energy reported US propane exports averaged 2 million barrels per day in the first half of 2026, a record at the time, driven by US production growth and rising demand from India and South Asia.
- **Kansas wholesale propane** reached $1.116/gal, up 9% on the week and 45.7% above the five-year median (EIA weekly price survey), extending the Midwest wholesale price surge beyond Missouri.
- **New Jersey residential propane** came in at $4.075/gal, up 2% on the week and 17.4% above the five-year median (EIA weekly price survey).
- **PADD 2 (Midwest) propane imports** fell to 0.028 million barrels per day, down 18% on the week and 26.3% below the five-year median (EIA WPSR).
- **PADD 1B (Central Atlantic) propane stocks** sit at 5.6 million barrels, 9% below the five-year median, the furthest below normal of any region in this week's data (EIA WPSR).

US primary propane stocks stood at 105.8 million barrels as of Oct. 16, covering 104 days of supply at the trailing four-week domestic product-supplied average of 1.022 million barrels per day (EIA Weekly Petroleum Status Report). PADD 3 (Gulf Coast) stocks eased 1% on the week to 65.9 million barrels, remaining 11.4% above the five-year median.

Weather context (NOAA's Climate Prediction Center): last week registered 57 LP-gas-weighted heating degree days, 9 HDD warmer than normal for the week. Season to date runs 36% warmer than normal, holding demand draws below historical pace so far.

EIA's Short-Term Energy Outlook puts US propane/propylene inventories at 98.7 million barrels at end of December 2026.

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