As a result, the price premium of Guangdong LPG was not sufficient to cover operating costs for LPG import terminals in the southern Chinese province of around 200 yuan ($29)/mt. The equivalent premium of the Argus Pearl River Delta index yuan equivalent, which includes import tariffs, value-added taxes, and foreign exchange rates, to Argus south China propane import prices fell from 207 yuan ($30)/mt in April to 81 yuan ($11.75)/mt in May, before rising to 198 yuan ($28.72)/mt in June and falling again to 66 yuan ($9.57)/mt in July.
展开▼
