According to customs data, the export volume of liquefied petroleum gas (LPG) in China was 90,400 tons in November 2025, a decrease of 10.54% compared to the previous month. The export volume of liquefied propane was 38,900 tons, a decrease of 9.14% compared to the previous period, with an average export price of 557.73 US dollars per ton; The export volume of liquefied butane was 51,500 tons, a decrease of 11.54% compared to the previous period, with an average export price of 604.21 US dollars per ton.

The article shows that in November 2025, China's LPG exports decreased by 10.54% compared to the previous month, with liquefied propane and liquefied butane exports decreasing by 9.14% and 11.54% respectively. This indicates weak international demand, which may lead to a relative oversupply of domestic supply and exert downward pressure on spot prices. Based on the liquefied petroleum gas futures data from Dalian Commodity Exchange, the closing price of the main contract 2602 (December 22, 2025) is 4,125 RMB/ton, with a settlement price of 4,100 RMB/ton, a decrease of 5 RMB, a trading volume of 78,902 lots, an open position of 85,491 lots, and a change in open position of -2,126 lots, indicating market activity and continued bearish sentiment. The news of reduced exports may strengthen the downward trend of futures prices, and the overall impact is generally bearish.

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