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SunSirs: Energy, Views on the Rise and Fall of LPG on March 9

March 10 2020 10:49:06     SunSirs (Selena)

Commodity name: LPG

Latest price (March 9): 3,533.33 RMB/ ton

Key points of analysis: the LPG market fell broadly on March 9, and the overall trading atmosphere of the market was poor. International crude oil fell sharply in a row, hitting the market mentality. In addition, the demand of the domestic market increased slowly, and the downstream delisting consumed inventory with cautious. The manufacturer's shipment is not smooth, the inventory is increasing gradually, and the price is mainly falling.

Market forecast: it is expected that the future market will still fall.

 

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