The price of Mont Belvieu, Texas, ethane shot up 18.9% last week to its highest point in 10 weeks as all NGL at the hub gained in price and margin except for C5+.

The NGL price bump joined with gas prices that dropped to 2019 single-day lows during the week at Chicago City Gate and Henry Hub. Those resulting wider margins included Mont Belvieu ethane’s turnaround from 1.26 cents per gallon (gal) in the negative last week to 1.62 cents/gal positive.

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