The rush of liquid oil bag buyers in China to replace US supplies from the fuel used on a large scale to a sharp rise in prices, after Beijing reacted strictly to the criminal duties imposed on Washington last week. Traders said buyers are trying to replace US consignments that have already been purchased with other alternatives, including LNG from the Middle East. However, they added that replacement, conversion of the destination or even to buy it directly from other sources will cost a lot, due to the sudden nature of Chinese requests and large amounts of liquid oil. The price difference between gas from the Middle East and the American said customers said that the price difference between the Middle East oil gas compared to all consignments to East Asia by expanding US consignments on Friday night to $ 100 per metric tonnes. The price difference, known in the industry as the exchange -trading difference between the Saudi Contractual Price and the “Argos” index for East Asia, remained at the same level on Monday. The hope of excluding the fees of the fees was that the buyers were that the liquid oil bag, used in all fields, including the plastic and household kitchens, would be excluded, as China’s efforts to set up the ‘mutual’ customs imposed by President Donald Trump. According to Chinese Customs, there were about 60% of China’s total imports in 2024, and imported quantities were almost four times the quantities imported from Abu Dhabi, the second largest source after the United States of LNG to China. China said on Friday that it would impose 34% of customs on all imports of the United States from April 10. The transfer of liquid oil gas deliberations to Asia said traders said that about 24 carriers liquid oil transport is currently on their way to China from the United States. The consignments could possibly turn their way to other destinations in Asia, where South Korea, Japan and India are the most important buyers. In addition to LNG, America is an important source for raw oil and liquid natural gas to the world, although China’s imports of crude oil and liquid natural gas from the United States have decreased in recent months.
The rush of liquid gas in China to replace US supplies increases prices
