S&P Global Platts: China’s weekly LPG imports slump as COVID-19 dampens household, petrochemical demand

18 February 2020:

Brokerage Poten & Partners said China’s LPG demand is expected to reach 62.5 million mt in 2020, down 2.1 million mt from its previous forecast. LPG imports this year are now forecast at 24.7 million mt, some 1.6 million mt below its previous forecast, though demand and imports are expected to be higher than 2019 with the start-up of four new PDH plants and provided the coronavirus impact is not extended, it said in a report.

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