SunSirs--China Commodity Data Group

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SunSirs: China LPG Market is steadily Declining

September 22 2022 10:37:39     SunSirs (Selena)

On September 20, the domestic LPG market continued to be weak as a whole, and the Shandong civil gas market declined steadily by 50-100 RMB/ ton. At present, the terminal demand is limited, the enthusiasm for downstream market entry is average, multi-dimensional support is to make up as needed, mainly on the sidelines, and the market trading and investment atmosphere is limited. The manufacturer delivered more goods at a discount, and the price weakened. It is expected that the LPG market may still decline slightly in the short term.

 

In the short term, the domestic methanol market is dominated by high volatility.

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