China slashes Sep LPG imports by 21%, as frictions trigger higher costs

China's LPG imports continued to drop in September, as the escalating geopolitical tensions caused surging import costs. However, the imports still surpassed 2 million tonnes, due to support from domestic demand.

In September, China's liquefied petroleum gas (LPG) imports faced a significant contraction. The country imported 2.2055 million tonnes of LPG, a sharp drop of 592,700 tonnes or 21.18% month-on-month and 28.25% year-on-year, according to data from the General Administration of Customs of PRC (GACC). The cumulative imports of LPG from