SunSirs--China Commodity Data Group

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SunSirs: Energy, Views on the Rise and Fall of LPG on April 1

April 02 2020 10:42:54     SunSirs (Selena)

Commodity name: LPG

Latest price (April 1): 2,706.67 RMB/ ton

Key points: a slight increase in international crude oil on the morning of April 1 boosted the LPG market, while Shandong civil gas stopped falling and maintained stability, but at present, the market is not significantly favorable, and the downstream mentality continues to be cautious and wait-and-see oriented, with general enthusiasm for entering the market.

Market Forecast: it is expected to consolidate sideways in the short term.

 

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