Deep discounts for Iran’s LPG attract Chinese buyers Pakistan, Bangladesh also take small amounts from Iran Iran’s LPG exports are set to stay near two-year peaks of around 500,000 mt in July and August, meeting China’s voracious appetite for cheaper petrochemical feedstock given the increase in the number of its propane dehydrogenation plants, trade sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The high volumes, which some sources estimate could exceed 500,000 mt, are expected to last through the end of 2021, driven by the increase in Iran’s LPG production and demand, sources said. Initial hopes of easing sanctions after Joe Biden became the US president have dimmed as negotiations have stalled somewhat following the election of conservative President Ebrahim Raisi in Iran. A Chinese source said more Iranian LPG […]