SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Viewpoint on Propane Ups and Downs on Oct. 14

October 15 2019 10:18:36     SunSirs (John)

Product Name: Propane

 

The latest price(October 14):  3987.5 RMB/ton

 

Analysis points:

The propane (Shandong) market fell steadily. At present, the supply in the region has increased, restraining the market price from rising. The downstream market is relatively mild, and the overall trading is relatively smooth. Manufacturers' overall production and marketing is balance and price mentality is obvious. Later with the cooling of the weather, the market demand will pick up, which is a good mentality.

 

Market outlook

It is expected that the price of propane will be rise in short term..

 

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