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Zhenhai Petrochem Phase II likely to weigh on East China LPG market after full capacity

Source: Mysteel Jun 19, 2025 13:48
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FCC C4 Residential LPG Price Production Supply
Sinopec Zhenhai Refining & Chemical recently put its oil refining unit at Phase II into operation and produced liquefied petroleum gas (LPG) for sale in mid-June, likely depressing East China's LPG market, although the market strengthens now.     LPG prices in East China climb amid multiple bullish factors.   East China Residential

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