Chinese gas market facing a tough time


The Chinese New Year may have passed, but the ‘liquid gas timeout’ has still not come to an end.

Amidst the economic slump caused by the battered economies of the US, Japan, and Europe, China stands out as the only major country maintaining a growth in its GDP.

However, along with steel the semiconductor and auto manufacturing industries are all being forced to decrease production, causing the industrial gas market to suffer a sharp blow.

The chronic uncertainty in supply is worrying, and a stop has yet to be put to the plunge in the prices of liquid gas.

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