PODCAST: Tariff relief and its impact on China LPG market
Zhou Shihao
16-May-2025
SINGAPORE (ICIS)–China’s tariff on US LPG has been cut from 125% to 10% for 90 days. ICIS analysts Shihao Zhou, Wang Yan, and Lilian Ren discuss what this means for US cargo flows, China’s propane import prices and propane dehydrogenation (PDH) operation, and why market players remain cautious despite the relief.
- US cargoes regain competitiveness in the China market
- PDH run rates show signs of recovery
- CFR China propane prices may soften, but PDH demand offers support
- Market remains cautious amid temporary policy
Related article: Our April analysis on the tariff hike
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