Analyst notes changing global, Chinese LPG trade patterns

Demand patterns for global LPG trade will change in the near term, according to New York-based Poten & Partners, a global broker and commercial advisor for energy and ocean transportation industries, in its December issue of LPG in World Trade.In the same study, the consultancy explained recent unexpected patterns in Chinese LPG supply and demand in terms of one dynamic: price.Poten & Partners noted the reversal in West-to-East LPG trade patterns that had dominated global trade for the last 5 years; trade is now East-to-West. This contrasts with LNG trade patterns in which tight supplies have been and will continue to move to the East.Until 2008, targeted LPG retail growth markets...

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