Author: Tom Pawlicki

LPG Markets are Back in Favor

July finished with additional signs that the LPG markets are coming back into favor, with overall offtake increasing 14% from June. Higher discharges took place in parts of Asia, where Japanese and South Korean imports each grew 24%, to 324,000

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Global LPG Report

Government initiatives to encourage India’s LPG use by households has given a steady boost to demand, and recently improved economic data should encourage that growth to continue.

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LPG Weekly

Higher demand for propane-fueled crop-drying helped push US prices up nearly 40%. The effect of the price gain was amplified in Northwest Europe and the Far East, where propane nearly doubled since early September.

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LPG Weekly

East Africa’s LPG offtake could set up for a strong demand period in coming months. LPG offtake in the region soared to 48,000 bpd in July and has averaged 14,000 in the five months since.

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LPG Ballast

US Gulf LPG loadings are likely to be unchanged next week, as 17 VLGCs should reach port and load. Most vessels are heading toward Houston, including three that are already loading there.

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