Asia’s LPG Cracking to Fall in August on Higher Naphtha Demand: OPIS Poll
Asia’s flexible crackers are set to reduce LPG cracking in August as operators pivot toward naphtha as their primary feedstock and curb run rates, the latest monthly OPIS cracking survey concluded on Monday shows. Read More
Asia Sees Weak LPG Buying Demand Despite Price Drop
Competition from naphtha, tariff uncertainty and sluggish demand from major importing countries have contributed to weak buying interest in Asia's LPG market despite a sharp price drop following the Israel-Iran ceasefire, market sources said. Read More
Middle East Gulf LPG Exports Hit Quarterly Record High
Liquefied petroleum gas (LPG) exports from the Middle East Gulf climbed to a record high in the second quarter of the year, exceeding the previous high by 12.9%, data from shipping analytics firm Vortexa showed. Read More
Enterprise Reveals Potential Easing of Curbs on Ethane Exports to China
New York-listed midstream major Enterprise Products Partners disclosed late Wednesday that Washington would allow it to load ethane cargoes destined for China at its Houston Ship Channel docks. But Enterprise or its cargo counterparties will not be able to discharge these shipments in China "without further authorization." Read More
China’s PDH Sector Faces Slow Recovery Amid Geopolitical, Trade Uncertainty
China’s propane dehydrogenation sector is expected to see a slow recovery amid geopolitical risks in the Middle East and lingering uncertainty from the ongoing U.S.-China trade war, LPG market analysts said. Read More
US Ethane Exports at Risk after Enterprise Reveals Cargo Denials
Ethane exports from the United States appear set to take a big hit because of a new licensing regime introduced by Washington to regulate shipments to China. Read More