LPG wholesale prices in Northeast China were firm recently, propped up by maintenance of major refineries.
Jinxi Petrochemical's crude distillate unit and residue fluid catalytic cracker entered 50-day annual turnaround on Jun 14, as a result of which the refinery's daily LPG output slumped from 900mt to 300mt.
Harbin Petrochemical slashed LPG output by 76% to about 100mt on maintenance of fluid catalytic cracker started last week.
From Jun 10 to 17, LPG wholesale prices in Northeast China rebounded Yuan 50/mt, versus downtrend in other regions.
Jilin Petrochemical is scheduled to shut FCC for 8-day maintenance from Jun 20, LPG output of which may fall from 800mt to 500mt per day.
