Although trade tensions have decreased, the higher tariffs in effect and earlier supply disruptions impacting ethane and liquefied propane gas imports from the US have led China to double import quotas on naphtha, which is used mainly to make petrochemicals.
Continue readingTag Archives: naphtha
Phase I of the China – US Trade Agreement Includes Increased Imports into China of LNG, Liquefied Propane and Butane, Caustic Soda and Most Organic and Inorganic Chemicals
During the two-year period from January 1, 2020 through December 31, 2021, China has agreed to increase by $200 billion purchases from the United States of manufactured goods, agriculture, energy and services.
Continue reading