Propane prices at Conway, Kansas surge to $4.37 a gallon -traders

Thu Jan 23, 2014 11:43am EST

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Jan 23 (Reuters) - Propane prices for January delivery at the Conway, Kansas, hub rose nearly $1 to $4.37 a gallon on Thursday on tight supplies in Midwestern states, brokers and traders said.

Propane prices at the key Gulf Coast hub at Mont Belvieu, Texas, reached $1.61 a gallon, up 8 cents from the peak trade seen on Wednesday, according to traders and brokers. (Reporting by Robert Gibbons in New York; Editing by Jeffrey Benkoe)