Japanese LPG stocks rose in May, reflecting lower demand from the residential heating and cooking sector. But South Korean inventories fell. Japan’s LPG stocks reached 1.8mn t in May, up by 4.2pc compared with a month earlier, domestic LPG association the JLPGA says. Consumable stocks climbed by nearly 29pc to 446,000t in May, outstripping a 1.9pc decline in mandatory inventories, to 1.4mn t. Japanese LPG retailers are required to hold emergency LPG stocks equivalent to 50 days of average imports.
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