PODCAST: Weak fuel LPG demand to weigh on China 2024 propane/butane imports
Lillian Ren
11-Sep-2024
SINGAPORE (ICIS)–ICIS has revised down its forecast for China’s combined imports of propane and butane for 2024 because of weaker-than-expected demand in fuel applications. Wang Yen, Senior Analyst speaks with Lillian Ren, analyst on the China propane, butane and LPG markets.
- Full-year LPG imports projected at 36.7 million tonnes
- Fuel LPG demand falls on increased natural gas usage amid weak economy
- Strong feedstock LPG demand partly offset decline in fuel consumption
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