Abundant Western LPG Arrivals to Asia Seen in Jan-Feb, Easing Tightness

LPG arrivals to Asia from the West are estimated at 2.6 million mt in January and are expected to rise to 2.8 million mt in February, helping to alleviate the recent supply tightness in the region which had sent prices to around one-year highs, trade sources said this week.

These cargoes originate from the US, Canada, West Africa and the Mediterranean, or North Africa, they said.

Cargoes arriving to Asia from the US in January are estimated at…

View entirety: Platts