US-based brokerage Poten & Partners expects LPG prices to stay high for the rest of the year thanks to high crude prices and a tight supply-demand balance.
Speaking on a webinar on Thursday, analysts Zahid Afzal and John McDonald said there were questions about US LPG supply growth in the coming years while Middle East exports increased. On the demand side, they said Chinese imports were driven by its petrochemical sector as demand jumped in South East Asia.
