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China’s US Decoupling Collapses Trade in Key Petroleum Product

GenevaTimes by GenevaTimes
April 15, 2025
in Business
Reading Time: 1 min read
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The price of propane, a type of liquefied petroleum gas, has plummeted in the US because selling to China, its biggest customer after Japan, is no longer viable. Chinese buyers are scurrying to find alternative sources of the fuel, which is used for heating and plastics, but are getting gouged by traders taking advantage of their distress. 

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