VIDEO: Global LPG market could see new equilibrium amid US tariff war

Jiayi Chang

23-Apr-2025

SINGAPORE (ICIS)–In this video, ICIS analyst Jiayi Chang shares insights into the impact of the US tariff war on the liquefied petroleum gas (LPG) market in China, highlighting shifts in trade patterns, increased import costs and operational challenges for propane dehydrogenation (PDH) plants.

  • US tariffs halt US-China LPG trade, curbs growth for major US export market
  • LPG market to see adjustments via global supply chain shift
  • Global supply, price mechanisms to drive trade flow rebalance toward new market equilibrium

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