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SunSirs: The LPG Market Rose Steadily on July 4
July 05 2022 09:18:35SunSirs(John)

Price trend

On the 4th, the domestic LPG trend was strong, and the Shandong civil gas market rose steadily, with a small extent.

Analysis review

The rise in international crude oil prices has brought some support to the market in terms of cost, but there has been no significant improvement in terminal demand for the time being, which has brought obvious restraint to the market. The downstream mentality is cautious, and the market trading atmosphere is general.

Market outlook

It is expected that in the short term, the price of LPG will consolidate mainly in a narrow range.

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