China LPG port inventory hits a five-year low on low imports but robust demand

China's LPG port inventory hit a five-year low, with port inventory ratio slumping by 20.29 percentage points as of January 15 from the 2025 high, amid less cargo arrivals and improved demand from combustion and chemical sectors.

Against the backdrop of continuous low cargo arrivals and improved demand, the port inventory of liquefied petroleum gas (LPG) in China recently recorded a new low in recent five years. 2025 China LPG Port Inventory Changes (Unit: '000 tonnes) Source: OilChem Since October 2025, LPG port inventories have steadily declined, with a