Commodity News
SunSirs: LPG Market Edged Higher on June 1
June 02 2022 09:37:58 SunSirs (John)
Price trend
On the 1st, the domestic liquefied gas market rose steadily, and the Shandong civil gas market rose slightly, with an increase of about 100 RMB/ton.
Analysis review
The Dragon Boat Festival was approaching, and there was a certain demand for replenishment of downstream before the holiday, and the enthusiasm for entering the market was acceptable. The manufacturer's shipment was relatively smooth, there was no obvious pressure on the inventory, the mentality was relatively strong, and the price rose slightly.
Market outlook
It is expected that LPG prices may be mainly firm in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-22 SunSirs: China Shandong LPG Market Saw a Slight Increase Last Week (April 15-19)
- 2024-04-15 SunSirs: China Shandong LPG Market Saw a Slight Increase Last Week (April 8-12)
- 2024-03-29 SunSirs: China Shandong LPG Market Fluctuated and Fell in March
- 2024-03-25 SunSirs: China LPG Market Stopped Falling and Rose Last Week
- 2024-03-18 SunSirs: China LPG Market Continued to Decline Last Week (March 11-15)
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