BREAKING: China waives tariffs on US ethane imports

China has waived a 125% tariff on US ethane imports imposed earlier this month, according to two sources familiar with the matter.

The move will relieve pressure on Chinese firms that import US ethane for petrochemical production while also providing a market for natural gas liquid, a byproduct of US shale gas production.

US100 reverses early losses after the publication.

Source: xStation

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