SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Viewpoint on Propane Ups and Downs on March 9

March 26 2020 13:09:01     SunSirs (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.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

 

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