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Imported LPG prices bottom out in H2 August

Beijing (JLC), August 23, 2023--Imported refrigerated propane and butane prices in south China settled at $605/mt and $610/mt on August 18, falling by $35/mt and $23/mt when compared with August 15.

08-23-2023 18:06:59

China's Bora receives its first imported LPG cargo

Beijing (JLC), July 21, 2020--China's Bora Petrochemical in northeast Liaoning province recently received its first imported cargo of LPG, and its newly-built ethylene cracker is likley to start operation in late July.

07-21-2020 15:04:48

Imported LPG market climbs in H1 Jan

China's imported LPG market climbed in the first half of January (H1 Jan), mainly due to the strong winter demand and traders' in-advance restocking

01-21-2019 17:40:23

Imported LPG trading profits likely to climb then fall

Chinese LPG importers might see an up-then-down trend in trading profits in January, similar with the domestic LPG market trend

01-09-2019 15:18:00

Imported LPG market sound in H1 Dec

China's LPG importers turned their losses into profits in the first half of December. The trading profits climbed to around CNY490/mt in mid-December, JLC data shows

12-19-2018 18:08:30

Imported LPG profits fall amid ample cargo arrivals

Imported LPG profits averaged CNY179/mt in the first half of October, down 44.38% from the second half of September. With higher October CP, the import cost rose to over CNY5,250/mt

10-18-2018 09:44:28

Imported LPG market to be strong in Oct

Imported LPG prices are expected to be firm in October and gain more after the National Day holiday, though they are likely to slide amid intensive cargo arrivals before the holiday despite higher October CP

09-27-2018 15:18:36

Imported LPG market develops soundly in H1 September

Imported LPG market saw sound development amid higher cost and falling temperature in the first half of September (H1 September).

09-18-2018 17:28:18

Imported LPG remains profitable in H1 August

Imported LPG gross profits averaged CNY226/mt in the first half of August, almost unchanged from the previous half month.

08-21-2018 17:30:59

Imported LPG market weakens amid high cost in H1 Jun

Imported LPG market weakened in the first half of June. Trading profits slumped and propane dehydrogenation (PDH) profits also declined greatly, mainly due to high import cost.

06-21-2018 10:39:17

Imported LPG profitable amid high prices

Imported LPG profit was close to CNY500/mt amid firm domestic prices in the first half of May. PDH profits were over CNY2,000/mt, narrowing slightly due to higher propane prices.

05-16-2018 11:22:05

Imported LPG cargoes are delayed on navigation closure of Yangtze Estuary

The Panama-registered oil tanker SANCHI exploded and sank in the East China Sea on January 14th, 2018, eight days after it collided with a Hong Kong-registered cargo ship and burst into flames. 32 crew members were missing.

01-17-2018 17:32:48

China imported LPG market performs well in early and middle January

China imported LPG market in late January 2018 stays decent. Profit of LPG deep processing industry has been more than CNY1,200/mt. Despite intensive imported LPG cargo arrivals, profit of imported LPG for trade keeps good and imported LPG is also sold well.

01-17-2018 10:15:41

Imported LPG is badly needed in Northeast China

According to JLC, LPG imports of East China and South China in 2017 accounted for 80% of the total. And LPG imports of Northeast China only took 0.015% share, the lowest level among different regions in China.

01-16-2018 10:33:14

China imported LPG market is expected to move downward in late December

In early December, China domestic imported LPG market performed well. PDH profit rose slightly, but failed to outpace CNY1,000/mt. Profit of LPG trade went differently in East China and South China.

12-20-2017 13:37:53

Margin movement of imported LPG in August

Gross margins of LPG importers in early and middle August averaged at CNY220/mt. August CP rose and CIF cost of imported LPG averaged at CNY3,500/mt.

08-23-2017 18:13:25

Profit of LPG trade is to fall amid rising imported LPG cargo arrivals

China imported LPG market moved upward actively in early August and downstream users replenished LPG. To middle August, users were reluctant to replenished LPG as the price rose to high level, making domestic imported LPG trade turn sideways.

08-21-2017 10:08:16

Imported LPG market is in losses in China

Due to slack propane demand in residential sector against the mounting temperature and maintenance of PDH units in middle June, imported LPG arrivals in the first half of June fell from the same period in May.

06-19-2017 10:20:34

Both profits of imported LPG for trade and for chemical use were fine

Profits of imported terminals were relatively high except for the time from middle February to March when the profit was negative.

05-24-2017 14:39:30

Poor profit of trading imported LPG and higher profit of processing the LPG deeply

In H1 May, imported LPG market in China was poorer than April, especially profit of importers narrowing significantly. In southern China, imported LPG arrivals were extremely intensive.

05-19-2017 15:27:29

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