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Iran's LPG exports near 2-year high in July, Aug on China demand | Hellenic Shipping News Worldwide

Iran’s LPG exports are set to stay near two-year peaks of around 500,000 mt in July and August, meeting China’s voracious appetite for cheaper petrochemical feedstock given the increase in the number of its propane dehydrogenation plants, trade sources said. The high volumes, which some sources estimate could exceed 500,000 mt, are expected to last . ....

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China's LPG tanks remain full after record imports, high production in June-July

China's LPG tanks remain full after record imports, high production in June-July
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Asian propylene-naphtha spread crunches to 4-month low on naphtha upswing | Hellenic Shipping News Worldwide

Asian propylene-naphtha spread crunches to 4-month low on naphtha upswing
Asian naphtha prices strengthening to an almost 12-month high as propylene prices weaken has narrowed the propylene-naphtha spread to a four-month low, S&P Global Platts data showed Jan. 13.
The spread between FOB Korea propylene and naphtha C+F Japan cargo assessments narrowed $7.75/mt day on day to $424.25/mt at the Jan. 12 Asian close. The spread was lower on Sept. 4, 2020, at $420/mt, Platts data showed.
The typical breakeven level for propylene production is around $250/mt, and the Asian propylene-naphtha spread has remained above this level since Jan. 9, 2020, Platts data showed. ....

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