Abundant Middle East supplies drag Asia LPG prices lower ahead of winter

Capt. John

Rising Middle East supply since May, along with steady exports from the US and Africa ahead of winter, have dragged Asia LPG prices down from 18-year highs in March, shipping and trade data showed. LPG inventory with Middle Eastern producers has been building amid higher OPEC crude production,...

https://www.spglobal.com/platts/en/market-insights/latest-news/petrochemicals/091522-abundant-middle-east-supplies-drag-asia-lpg-prices-lower-ahead-of-winter

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