Argus cfr Ningbo Index
The ANI® price assessment is the most representative price for the value of LPG delivered to China
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.