Asia's LPG demand has been growing over the last decade, led by China's mushrooming petrochemical sector. India's LPG demand has also grown due to large subsidy-driven household consumption. But major Middle Eastern exporters have to grapple with growing competition from other producers, led by the shale-driven US natural gas liquids sector. In a move to win back traditional buyers and entrench themselves in a bullish LPG market, Middle Eastern producers are projected to boost export volumes in 2022. S&P Global Platts Wendy Wells, Ramthan Hussain and Joshua Ong discuss what lies ahead for the LPG markets in 2022.

Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

Copper prices were on a roller-coaster ride in 2021 with demand recovery in US and Europe, logistics issues, COVID-19 disruptions and power cuts in China all contributing to the price fluctuations. Futures backwardation also hit a historical high in 2021.

In 2022, increasing supply from new and existing mines is likely to be one of the key factors to watch out for.

On this week's Commodities Focus podcast, S&P Global Platts Yuen Cheng Mok and Han Lu discuss what's in store for copper markets in 2022.

Enterprise Products Partners co-CEO Jim Teague and Chris D'Anna, senior vice president of petrochemicals, discuss the energy storage and transportation titan's push into upstream petrochemicals that will feed growing plastics demand over the next decade.

The company is a key delivery point for physically settled futures markets, with global hydrocarbon risk management from the wellhead to waterborne markets. Enterprise's reach includes 50,000 miles of natural gas liquids, crude oil, natural gas and refined products pipelines as well as 260 million barrels of NGLs, crude, refined products and petrochemicals storage. Petrochemicals is not new to Enterprise, but the company is expanding that reach with export growth, storage and olefin production facilities, including serious consideration of a cracker that could serve downstream plastics producers.

Kristen Hays, S&P Global Platts' global market lead for polymers, recently sat down with Teague and D'Anna to discuss the company's growing focus on petrochemicals.

The World Petroleum Congress in Houston brought back a sense of normalcy to the energy sector as both the industry and the world continue to grapple with the coronavirus pandemic. But the other existential threat for fossil fuels is the burgeoning energy transition and switch to cleaner sources of power and fuels. At the conference, many oil and gas executives pushed back at the notion of a seamless transition, arguing that fossil fuels will be needed for many decades to come, and warning of price shocks and energy shortages if the world shifts too quickly.

Americas oil news director Jeff Mower, senior upstream editor Starr Spencer, and senior midstream editor Jordan Blum sat down to recap these themes from WPC and reflect on the slow shift toward in-person events again.

The Nord Stream 2 gas pipeline from Russia to Germany is one of the most controversial energy infrastructure projects in history. Now complete, there remains uncertainty over when the 55 Bcm/year project will begin commercial flows.

On this week's Commodities Focus podcast, S&P Global Platts Henry Edwardes-Evans, Stuart Elliott, Gary Hornby and James Huckstepp discuss the project's history, the many obstacles it has faced, its impact on European gas prices and what to expect next.

US natural gas and power markets are strengthening as the heart of winter heating season nears.

In this podcast, editors from S&P Global Platts power and natural gas teams discuss spot and forward pricing, weather outlooks, major trends, and market fundamentals impacting the winter outlook. With power and gas prices rising across the board, we investigate how these markets have evolved from the previous year, what infrastructure has been added, and what to expect as winter forges ahead.

The price of the global Japonica market's benchmark, US #1, 4% broken white rice, is reaching highs not seen in ten years at quite an unfortunate time. Freight from California remains incredibly difficult to source, especially at an affordable rate for buyers. Meanwhile, other Japonica origins, such as Australia and China continue to steadily chip away at market share amid pressure to export their increasingly robust stockpiles.

In this Commodities Focus podcast, S&P Global Platts agriculture and freight editors discuss California's situation and what it means for the global Japonica rice trade going into 2022.

Ciaran Roe and Ira Joseph break down the unprecedented price movements in recent LNG and gas markets. The discussion focuses on how we arrived at this point of unusual tightness and whether the conditions that brought us here will persist. Then the discussion turns to the evolving pricing relationship between JKM and TTF, how LNG imports have been trading above Europe's main gas hub for months, and how the US Henry Hub fits into the mix. The final segment looks ahead to how short-term price volatility may trigger changes in long-term gas and LNG contracts and the types of indexation that will underpin them.

Note: Prices discussed as of date of recording 28th October 2021.

While energy prices are moving higher and higher, there's a clear laggard in the commodities space: the tanker freight market. Why are clean and dirty tankers not keeping pace? S&P Global Platts shipping market experts Pradeep Rajan, Vickey Du and Sameer C. Mohindru examine the factors shaping the clean and dirty tanker markets, and their path to recovery.

S&P Global Platts crude editors Maria Eugenia Garcia and Fred Wang discuss with Senior analyst Richard Capuchino, Jr. the latest developments in light, sweet crude production in the Atlantic Coast of South America. These new grades are receiving strong interest globally, but particularly from Asia, as refiners seek to reduce sulfur content in refined products.