US LPG exports to dip on lower petchem demand

摘要

Houston—US LPG exports are expected to fall due to due to declining LPG use as a petrochemical feedstock as Asia naphtha prices have trended lower with crude values. The US exported 821,000 b/d of LPG in July, a 42% increase year on year and a 9% increase from June, according to the latest monthly data from the US Energy Information Administration.