Liquefied Petroleum Gas Prices, Price, Pricing, News, Database | ChemAnalyst

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Liquefied Petroleum Gas (LPG) Prices Overview
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Market Overview Quarterly Update on Global LPG
Market Asia   The Asian LPG demand became
resilient in the quarter ending September 2020 as
the industrial offtakes improved with plants
operating at their full capacities to recover the
slumped margins due to pandemic. As majority of
Southeast Asian countries cater to their LPG
demand through imports, stagnated imports due to
Hurricane Laura in the U.S. shrouded the regional
buying activities. LPG is anticipated to
partially tumble in the coming months with China
eyeing to shift the household consumption to
piped natural gas. However, several traders are
likely to stockpile LPG ahead of the winter
season under fears of supply shortage that can
interfere with consumer sentiments. Get more
info https//www.chemanalyst.com/Pricing-data/li
quified-petroleum-gas-lpg--16
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Liquefied Petroleum Gas (LPG) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Europe   Outlook for LPG considerably improved in
August with its increased preference over Naphtha
as an industrial feedstock due to the sudden
rebound in the Naphtha values. However, with
Propane-Naphtha spread decreasing by the end of
September, total imports of Northwest Europe
showcased a prominent drop by over 10 per cent as
compared to August. The fall in offtakes of LPG
as a petrochemical feedstock was primarily due to
its high prices causing manufacturers switch to
other alternative to protect their margins.
Furthermore, resurgence in coronavirus in early
September has raised serious concerns over the
prevailing demand uncertainties in the next
quarter.   Middle East   As many Middle Eastern
countries buoyed on increasing the supply of LPG
for power generation systems amidst the
aggravating heat of August, several companies
including ADNOC considerably increased the
production output with no substantial increment
in the trade flows. The company deviating from
its usual service allowed advanced stock
purchasing on increased demand from importers.
ADNOC agreed to the nominations granting advanced
local dates for consecutive two months starting
October. Traders perceive this as a smart move
that would set the middle east fuel market at
optimum and organized inventory levels.
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Liquefied Petroleum Gas (LPG) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
How we can help ChemAnalyst addresses the key
problematic areas and risks associated with
chemical and petrochemical business globally and
enables the decision-maker to make smart choices.
It identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
Chemanalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion dollar
projects globally. Methodology ChemAnalyst
gathers information through primary research
surveys conducted with various LPG manufacturers,
spread across domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market.   Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global LPG market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.
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Liquefied Petroleum Gas (LPG) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/

• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global LPG
  market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on daily, weekly, monthly and yearly
  basis.
•  
• Finally, region-specific markets for LPG are
  analyzed and region-wise demand pattern is
  tracked.
• About
• Liquified Petroleum Gas (LPG) is a flammable
  hydrocarbon gas commonly used as a sulfur free,
  non-toxic fuel. It is composed of butane and
  propane and can be stored in bulk tank and bottle
  gas form. The easy storage of LPG makes it a
  highly portable and versatile energy source for
  industries where piped gas supply is not
  available. It is preferred over several other
  energy fuels since it burns with lower carbon and
  sulfur emissions and thus is environment
  friendly. LPG is commonly utilized in process
  industries in order to fuel the boilers for
  generating steam and boiling water. It is also
  majorly used as a household cooking gas due to
  its high flash point and lower greenhouse
  emissions. LPG is produced by refining natural
  gas or crude oil which are exclusively obtained
  from fossil fuels. The product is stripped during
  natural gas processing from wet natural gas
  stream as a co-product from crude refining. LPG
  is stored as a liquid under moderate pressure and
  is then transported within LPG cylinders.