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Higher LPG import costs in May squeeze importers and chemical plants' profits

Source: Mysteel May 13, 2025 17:09
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Butane Propane Demand Import/Export Price
Higher-than-expected May CP prices and increased demand for non-US resources of Chinese importers led to a significant rise in CFR China prices, yet domestic liquefied petroleum gas (LPG) demand remained sluggish, squeezing import profits and downstream chemical plants' margins.      Saudi Aramco had announced May CP prices, despite a slight

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