Up to 11 Feb-loading US LPG cargoes to Asia canceled as arbi

Up to 11 Feb-loading US LPG cargoes to Asia canceled as arbitrage closes, fog disrupts ships


Up to 11 Feb-loading US LPG cargoes to Asia canceled as arbitrage closes, fog disrupts ships
Around 10 to 11 LPG cargoes loading in February from the US to Asia have been canceled as the arbitrage narrows due to a two-week retreat in Asian prices and disruptions caused by closures of the Houston Ship Channel since Jan. 20, trade and shipping sources said.
The cancellations will reduce US cargo arrivals to Asia to 1.6 million mt in March from 2.3 million mt in February, market sources with close knowledge of the matter told S&P Global Platts.
Lower US volumes, along with Saudi Aramco’s cancellations of February-loading cargoes to up to eight lifters following Saudi Arabia’s decision at the Jan. 5 OPEC+ meeting to cut oil production by 1 million b/d in both February and March, will constrict supply in Asia in March, the sources said.

Related Keywords

Japan , Sabine Pass , Texas , United States , China , Houston Ship Channel , Saudi Arabia , Houston , Port Arthur , South Korea , Saudi , South Korean , Chinese , , Saudi Aramco , Gibson , North Asia , Energy Transfer Nederland , Platts Analytics , North East , Persian Gulf , ஜப்பான் , ஸெபீந் பாஸ் , டெக்சாஸ் , ஒன்றுபட்டது மாநிலங்களில் , சீனா , ஹூஸ்டன் கப்பல் சேனல் , சவுதி அரேபியா , ஹூஸ்டன் , போர்த் ஆர்தர் , தெற்கு கொரியா , சவுதி , தெற்கு கொரியன் , சீன , சவுதி அரம்கோ , கிப்சன் , வடக்கு ஆசியா , ஆற்றல் பரிமாற்றம் நெதர்லாந்து , வடக்கு கிழக்கு , பெர்சியன் வளைகுடா ,

© 2025 Vimarsana