China to resume U.S. LPG imports as Beijing waives trade-war tariff – sources – ZAWYA

China to resume U.S. LPG imports as Beijing waives trade-war tariff – sources – ZAWYA

LPG imports as Beijing waives trade-war tariff - sources. SINGAPORE- China has begun buying U.S. liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of U.S. goods as part of the Sino-U.S.. Importers have rushed to apply for waivers for the 25% tariff to buy the fuel, a by-product from U.S. shale gas production, after Beijing started granting exemptions this month for nearly 700 U.S. goods.. China may have booked an estimated five U.S. cargoes totalling 220,000 tonnes so far, said a Beijing-based IHS analyst who also declined to be named as he is not authorized to speak to the media.. Benchmark U.S. spot butane prices BUT-USG in Mont Belvieu, Texas, have lost two-thirds of their values over the past month, dropping to their lowest since at least 1990 at $0.21 per U.S. gallon, primarily tracking the free-fall in oil prices..