Shandong LPG port arrivals surge 27.8% YoY in October on restocking and deep-processing demand

OilChem-monitored refrigerated LPG port arrivals into Shandong climbed 27.82% year on year to 588,000 tonnes in October, driven by restocking and firm deep-processing demand. While arrivals stayed below July's annual peak of 820,000 tonnes, importers are turning cautious on November, with Strait of Hormuz shipping risks and high freight rates pointing to a decline.

OilChem-monitored refrigerated LPG port arrivals into Shandong surged 27.82% year on year to 588,000 tonnes in October, driven by restocking and firm deep-processing demand. While arrivals stayed below July's annual peak of 820,000 tonnes, importers are turning cautious on November, with Strait of Hormuz shipping risks and high freight