US LPG loading in June seen around 2.9 mil mt, up 21% on month as arbitrage opens

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US LPG cargoes loading in June for delivery to Asia in July are estimated at 2.9 million mt, up from 2.4 million mt loading in April, while July-loading cargoes for August arrival are projected around 2.7 million as regional price strength supported by Chinese petrochemical-sector demand opens Western arbitrage, trade and shipping sources said. The US cargoes together with healthy…