One Year of General Index LPG Benchmarks
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European LPG

Europe’s geographical position provides import and export opportunities to the US and Asia with its wide customer base including petrochemical producers, gasoline blenders and fuel distributors.

Following CIF Large Cargoes assessments for both Propane and Butane in North West Europe, true to the General Index philosophy, our focus is on providing low-cost, high-quality LPG benchmarks that follow market-accepted methodologies enabling easy adoption.


The European LPG report will benefit the following groups of market participants:

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LPG spot traders and term lifters – tracking daily prices used in spot trading and term contracts
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Petrochemical producers – maximising inventory levels and feedstock yields using daily pricing information
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Gasoline blenders – tracking daily butane prices for inventory economics ahead of blending season
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Refineries and equity holders – remaining informed about key price changes and market fundamentals
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LPG fuel distributors – keeping up with spot trading to help inform downstream contracts

Key price assessments (see below)

Market insights -
details of General Index pricing logic to maintain transparency and neutrality, framed by larger fundamental viewpoint of oil markets

Relevant swaps data

Delivery and key prices

The data is published daily (subject to General Index holiday calendar) and made available to its subscribers via direct data feeds and emails to its customers. All prices are published in USD/MT.

Technical details can be found in the relevant factsheet.

Propane NWE CIF Large Cargoes
Daily market spot value of Propane in North west Europe
Butane NWE CIF Large Cargoes
Daily market spot values of Butane in North West Europe
Propane CIF NWE Cargo Swaps
Daily value for relevant month propane swaps
Ratio of Butane to Naphtha NWE CIF Cargoes Basic MOC
Ratio of physical Butane cargoes in North West Europe to physical Naptha cargoes
GX North Sea Index (GINS) Propane
Monthly assessment based on the GX Propane NWE CIF Large Cargoes Index
GX North Sea Index (GINS) Butane
Monthly assessment based on the GX Butane NWE CIF Large Cargoes Index

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