Seaborne ethane flow concentration deepens at both ends
AI Summary
Global seaborne ethane imports averaged approximately 760 thousand barrels per day in July, with China receiving about 74% of total imports. The US remains the predominant exporter, accounting for 99% of global seaborne ethane exports during January to July, reflecting concentrated trade patterns.
Global seaborne ethane imports averaged ~760kbd in July, of which China discharged ~560kbd, or 74% of the total. June was higher at ~76%, the highest monthly share in Vortexa’s 2016-2026 dataset. On the selling side, the US loaded ~99% of global seaborne ethane exports over January-July, at ~670kbd. The direction is not new, but the ...