Asian spot LPG outlook uncertain, supply and demand may both rise

摘要

SINGAPORE (ICIS)--The Asian liquefied petroleum gas (LPG) spot differential rebounded slightly in late July on improved spot demand. However, the overall bearish supply-demand fundamentals may cap further price gains. On 28 July, Saudi Aramco announced its August propane contract price (CP) at $365/tonne and butane CP at $345/tonne, both up by $5/tonne month on month.