LPG enterprise storage capacity decreases, and port inventories show a slight accumulation.

As of the week ending March 26, 2026, the storage capacity level of liquefied gas sample enterprises in China is at 24.92%, a decrease of 1.13 percentage points from the previous period. During the cycle, among the regions where the surveyed sample enterprises are located, three regions saw a decline in inventory, while one region experienced an increase. Throughout the week, the domestic liquefied gas market price rose initially and then fell. Although negative feedback emerged in the latter part of the week, leading to some improvement in market trading sentiment, fortunately, there has not been any substantial easing of geopolitical tensions. Concerns about low domestic supply remain, and manufacturers in various regions are shipping relatively smoothly, ultimately resulting in a decrease in enterprise storage capacity. The sample inventory level of liquefied gas at Chinese ports is 2.3396 million tons, an increase of 15,800 tons or 0.68% from the previous period. This period saw a decrease in port arrivals, but the level is still above the median, and imported resources remain relatively sufficient. On the demand side, chemical demand has decreased. At the East China terminal, there was initially a tendency to hold back inventory for downstream deep processing enterprises. In the later period, some increased their shipping volume. The South China terminal had good shipments this week, but activity softened towards the end of the week, and overall trade demand changes were limited. Although port arrivals declined, the narrowing of demand has led to a slight accumulation of inventory this period. (Longzhong Information)