CP in May, 2025 : 600 USD\/t \u00a0(- 10\u00a0USD from April)<\/p>\n
C3 : USD 610 (- 5\u00a0USD from April) \/ C4 : 590 (- 15\u00a0USD from April)<\/p>\n
LPG is entering its off-season, but the May CP did not decline as much as expected due to the impact of U.S.-China trade tensions.
\nThe tariff policies between the U.S. and China have increased demand for Middle Eastern LPG intended for resale to China\u2014not only from China itself but also from other East Asian countries\u2014thereby supporting the CP market.
\nIn Saudi Arabia, domestic demand has risen due to increased consumption for local PDH plants, leading to a continued tightening of supply from the previous month.
\nOn the other hand, the naphtha market has fallen for three consecutive months, and demand for butane for petrochemical use has remained sluggish.
\nThe average WTI price in April dropped by about USD 5 per barrel compared to the March average.
\nOur company\u2019s outlook for future CP trends is that, although domestic consumption for power generation may increase in some gas-producing countries with the arrival of peak summer, potentially affecting exports, we expect the June CP to decline slightly due to the ongoing off-season. (Reference Material\uff1aEneos Weekly Report, Astomos Energy Monthly Report, EIN)<\/p>\n
\u203bOur view is only our opinion and do not guarantee CP trends.<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"
CP in May, 2025 : 600 USD\/t \u00a0(- 10\u00a0USD from April) C3 : USD 610 (- 5\u00a0USD from April) \/ C4 : 590 (- 15\u00a0USD from April) LPG is entering its off-season, but the May CP did not decline as much as expected due to the impact of U.S.-China trade tensions. The tariff policies between …<\/p>\n