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SunSirs: LPG Market Prices Were Firm on May 3
May 05 2022 11:18:04SunSirs(John)

Price trend

During the May Day holiday, the overall trend of the domestic liquefied gas market was relatively strong.

Analysis review

The Shandong civil gas market rose steadily. The market supply remained low, and the supply pressure was not large. In terms of demand, the downstream purchases rose into the market, the enthusiasm was acceptable, and the market trading atmosphere was moderate, the manufacturers had no pressure on the inventory, the mentality was strong, and the price was relatively strong.

Market outlook

It is expected that the price of the liquefied gas market will continue to be firm in the short term.

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