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China propane chemical demand growth slows to 2%, falling behind rapid capacity expansion

Source: Mysteel Dec 24, 2025 10:25
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Propane Capacity Demand Industry
Chemical demand now dominates China's propane consumption, accounting for over 80% of demand and driving market volatility. The operation and profitability of propane dehydrogenation (PDH) units, the single largest downstream sector, act as the critical valve regulating propane demand. In 2025, despite continued expansion in deep-processing capacity, actual demand

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