LPG shipments scheduled to be lifted from Iran in April rose further to around 500,000 mt, almost matching January shipments of 520,000 mt which was the highest volume since Western sanctions against the Middle Eastern producer were removed in January 2016, shipping sources said.
The April shipments were almost up 14% from March and will bring the total shipments so far this year to 1.86 million mt.
Most of the April cargoes are again bound for China, followed by Indonesia, India, Thailand and possibly Kenya, according to shipping sources and cFlow, S&P Global Platts trade flow software.