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Commodity News

SunSirs: Positive Purchasing and Sales, Propane Prices Slightly Increased

June 16 2023 11:15:33     SunSirs (John)

Price trend

Recently, the domestic propane market stopped falling and rose, with prices slightly pushing up.

Analysis review

It is reported that in the early stage, the price of propylene fell to a low level, and downstream bargains entered the market. The trading atmosphere had improved, and upstream sales had been smooth, actively pushing up.

As of Thursday, the mainstream price of propane in Shandong region was 4,000-4,050 RMB/ton, and downstream was actively entering the market.

Market outlook

It is expected that the propane market will maintain a slight upward trend tomorrow (June 16).

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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