China Vows Helium Trade Policy Changes as Global Tightening Squeezes Gas Supplies The recent temporary export ban on helium by China has sent ripples through global markets, highlighting the delicate balance between supply and demand for this critical gas.
As a by product of liquefied natural gas (LNG) production, helium is essential for industries like semiconductors, medical equipment, and aerospace – sectors already feeling the pinch of a tightening global supply situation.
China's reliance on imported helium is staggering: over 85% of its supply comes from overseas sources.