As China's crude import appetite slows, crude producers are now competing for a smaller pie. Who will be the winners and losers in this race?
In this insight we’ll analyse the main drivers behind the decline on naphtha and LPG freight rates drop as well as what's in store for the future.
Hurdles increase for LPG exports from the US while supplies from the Middle East have yet to reach fruition.
More CPC Blend could be sailing to Asia in Q1 2021 driven by demand weakness in Europe and tightening UAE crude supplies to Asian refiners
Asia’s growing naphtha demand has outpaced arbitrage supplies in December, but higher exports from key suppliers should cap further upsides on naphtha cracks.