Liquefied petroleum gas

Liquefied petroleum gas Prices, markets & analysis

When importing, exporting or trading liquefied petroleum gas (LPG), it is essential to have access to up-to-date pricing information and analysis on developments.

Our network of reporters and analysts follow the LPG markets closely and publish their insights in comprehensive price and market reports, providing you with all the information you need to track the latest developments and use our prices for your contracts, deals and negotiations.

Louise Boddy, Head of Gas, Power, Carbon and Coal
on the intelligence we provide to the energy markets
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Liquefied Petroleum Gas Overview Transcript

Liquefied petroleum gas or LPG is a mixture of propane and butane. LPG is a by-product of crude oil refining or it can be extracted from oil or it can be synthesised as part of the process of making ethylene from light oil or light hydrocarbons.

LPG is a low carbon emitting and low polluting fossil fuel. It has a high calorific value and is easily stored. This makes LPG a good fuel for cooking or heating or as an industrial feedstock.

Residential consumption accounts for 54% of China’s domestic consumption. Industry consumes around 30% of China’s LPG. Commercial applications use around 30% and the automotive sector uses about 4%.

In China domestic LPG is mostly produced in refineries with about 14% imported, mostly into south and east China.

The Chinese LPG market is not regulated and price depend on supply and demand which means that it changes frequently.

It faces pressure in the heating market from the expanding natural gas market and it is transitioning into a feed gas for further petrochemical processing.

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Liquefied petroleum gas news and market information products from ICIS

We offer the following regional Liquefied petroleum gas analysis and news coverage to keep you informed of factors and developments affecting prices in the Liquefied petroleum gas marketplace.

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