ARA inland propane prices fall to more than one-year low

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Propane produced in the Amsterdam-Rotterdam-Antwerp region for inland consumption fell to a more than one-year low on over-supply and limited demand from the heating sector. Platts, part of S&P Global Commodity Insights, assessed propane FOB ARA, barges, at $647/mt Nov. 1, down $12 on the week from $659/mt, Oct. 25. This puts the barge market at the lowest level seen…