US Gulf LPG loadings should remain constant next week despite an increase in VLGC arrivals to 16 from 14 this week. Most are going to Houston except for three heading to Nederland and two traveling to Freeport. Loading delays may
The spread between the price of naphtha and propane widened significantly since the beginning of this year. Naphtha was quoted recently at a premium of $85/Mt to propane, which compares to a premium of only $20/Mt at the end of
Crude oil imports to the US West Coast are up sharply so far this month, amid a surge of medium grades from Iraq, Saudi Arabia and Brazil. This month’s increase would mark the second consecutive monthly increase, and is the
LPG loadings in the US Gulf are expected to increase considerably next week, as the number of vessels at their loading docks increases. In addition to four VLGCs en route to Houston, there are seven more holding outside the port.
US Gulf LPG loadings are projected to increase to the highest in more than a month, with 20 VLGCs en route or holding outside port. At least 14 have declared a destination of Houston, while three are going to Nederland.