10 May 2012 | 09:30 UTC — Singapore

Platts to discontinue CFR China LPG assessments

Platts proposes to to discontinue all existing CFR Shenzhen and Shanghai pressurized LPG assessments with effect from November 1, 2012.

The suspensions reflect changing trading patterns in Asia.

China has in recent years largely stopped imports of pressurized LPG, and is now an exporter of pressurized cargoes following refinery expansions across the country.

Please send questions or comments by October 1 to asia_lpg@platts.com and pricegroup@platts.com.