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AlwaysFree: China’s LPG Imports From US Surge To Record High In May

Author: SSESSMENTS

Data from China's General Administration of Customs showed China's LPG imports from the US soared to 733,385 mt in May, comprising 629,822 mt of propane and 103,563 mt of butane, up from zero a year earlier.

This is a record high monthly volume from the US and made it the largest LPG supplier to China in May.  After being halted for nearly one and a half years, China's LPG imports from the US started resuming in March as the government has given US LPG import tariff exemptions to many importers.

Over the first five months of this year, US imports now total 1 million mt, making it the third-largest supplier. The UAE and Qatar were the second and third largest LPG suppliers to China in May and first and second over January-May.

China imported around 2.012 million mt of LPG in May, up 8.5 percent on the year and 21.1 percent higher on the month, very close to the record high of 2.013 million mt seen in October 2018.

Tags: AlwaysFree,Asia Pacific,China,English,Gas

Published on June 30, 2020 12:19 PM (GMT+8)
Last Updated on June 30, 2020 12:19 PM (GMT+8)