The latest price of Liquefied Petroleum Gas (LPG) on October 14, 2019 was 4.060 RMB/ton.

Analysis points

The price of liquefied petroleum gas (LPG) (Shandong) remained stale after rising. Although the international crude oil market has risen slightly, the market demand is general and the inventory pressure of the manufacturers is still on the rise. The enthusiasm of downstream market entry is not high, market prices remain stable as a whole, and some manufacturers make small concessions to ease inventory pressure. At present, there are not enough positive factors.

Market Forecast

It is expected that liquefied petroleum gas (LPG) will be delivered smoothly in the short term.

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