Commodity News
SunSirs: After the Holiday, the Propane Market in Shandong Was Weak and Declined
May 06 2023 11:07:36 SunSirs (John)
Price trend
Analysis review
After the holiday, the propane market in Shandong continued to decline, and due to the broad decline in international oil prices during the holiday period, the mentality of operators was suppressed, and propane prices continued to decline.
In May, CP was introduced, and prices remained basically unchanged compared to April. At the same time, there is an expectation of an increase in downstream device construction.
Market outlook
It is expected that in the short term, the mentality of propane prices will increase in the future, and there is limited room for further decline.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-05-16 SunSirs: The Rise and Fall Were Mixed, and Shandong Propane Slightly Rose
- 2024-05-13 SunSirs: The Propane Market Fluctuated and Rose This Week (May 6-10)
- 2024-04-30 SunSirs: The Propane Market Saw a Slight Increase in April
- 2024-04-23 SunSirs: The Propane Market Saw a Slight Increase This Week (April 15-19)
- 2024-04-15 SunSirs: The Propane Market Saw a Slight Increase This Week (April 8-12)
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