Liquefied gas port inventory ends six consecutive declines

Latest data shows that as of the week ending February 5, the inventory of liquefied gas at Chinese ports was 2.018 million tons, an increase of 142,000 tons or 7.04% compared to the previous week. The number of ships arriving at ports slightly decreased during this period, but ships that arrived at the end of last week were reflected in this week’s inventory, resulting in an increase in unloading volume. In terms of demand, chemical demand has increased, but due to limited resources at the terminals, some ports are holding back sales, and with high import prices, trading volume is showing a downward trend. Overall, demand changes are limited. This period includes new sample enterprises, so port inventories are showing a trend of accumulation. (Longzhong Information)