Chinese LPG demand to fall by 3% due to coronavirus
China’s slowdown in response to the coronavirus outbreak is likely to reduce the demand for liquefied petroleum gas by 3% this year. This will cut the demand for LPG shipments, upsetting freight rates
If prices are depressed further, some of the cargoes will most likely be sold to buyers in other countries such as Indonesia, Japan, South Korea and India, say Poten & Partners
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.