Argus cfr Ningbo Index
Overview
China is the world’s largest importer of LPG, with a market that is expected to continue to grow. With LPG being imported from a range of suppliers, including the Middle East, the US, Australia and Africa, the Argus cfr Ningbo Index® (ANI®) price assessment provides a truly representative Chinese delivered import price.
Argus has also worked with the industry to develop appropriate terms and conditions for a standard supply contract, which can be used when negotiating deals to import LPG into a variety of Chinese ports. The contract can be accessed here.
The ANI® price assessment series is available in Argus International LPG.
Explore our LPG / NGL products
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.