SunSirs: Demand Was Poor, Shandong LPG Plummeted after the Holiday
May 08 2023 09:43:43     SunSirs (John)Price trend
After the holiday, the Shandong LPG market continued to decline, with mainstream quotes on the market dropping to 4,850-4,950 RMB/ton.
Analysis review
Downstream pre holiday restocking basically ended, demand returned to a weak state, and prices had significantly decreased after the holiday. Fortunately, the on-site inventory was controllable, and the supply of low priced goods was smooth, and prices stabilized after a decline.
Market outlook
It is expected that the possibility of a low rebound in the Shandong civilian LPG market will increase in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-04-29 SunSirs: China Shandong LPG Market steadily Rose in April
- 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