top of page

China Imports Increased in Q1'23

China saw a sharp drop in helium imports in Q3'22, likely due to the lockdowns and exacerbated due to the protests taking place soon after in Q4'22. However, we can see a quick recovery in Q1'23. Volumes have been picking up and in Apr'23, volumes reached 90mmcf nearing the all-time-high in Aug '22 of 93mmcf. YTD imports have increased 11% y/y with the biggest contributor being Qatar covering ~90% of China's imports. Russian volumes have still not picked up, however with the Irkutsk plant finally starting production in May '23, we may see some volumes going to China. Pricing has been on an uptrend since Jan '22 and had touched record levels of US$623/mcf in Feb '23, now standing at US$590/mcf.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Recent Posts

See All

UK Develops World's Coldest Quantum Detectors

A team of researchers from several UK universities, including Lancaster University, University of Oxford, Royal Holloway, and the University of London, have created the world's coldest quantum detecto

Canada Funds C$11mm for SMR Research Projects

The Government of Canada has committed C$11mm to low-emission energy technologies, including the advancement of small modular reactors (SMRs) and hydrogen projects. This is set to increase the demand

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page