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SunSirs: Viewpoint on Propane Ups and Downs on March 9
March 26 2020 13:09:01SunSirs(John)

Product Name: Propane


The latest price (March 9): 2,942.5 RMB/ton


Analysis points:

The slight rise in international crude oil was favorable, and the Shandong propane market has picked up, downstream demand has also improved, and the overall market atmosphere is acceptable. Most companies have raised their prices by 20-50 RMB/ton, and manufacturers' inventory is currently under control.


Market outlook

It is expected that sideways consolidation will be the main trend in the short term.


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