SunSirs: China LPG Market Rose steadily on December 8
December 09 2021 14:27:10 SunSirs (Selena)
According to the data monitoring of SunSirs, the average price of LPG in Shandong civil market was 5,260.00 RMB/ ton on December 7 and 5,266.00 RMB/ ton on December 8, with a single day increase of 0.11%, down 10.62% compared with November 1.
On August 8, the market price of civil gas in Shandong stopped falling and rose. Many manufacturers increased the ex-factory price slightly, and the mainstream transaction price was mostly 5,100-5,250 RMB/ ton. The continuous sharp rise of international crude oil has significantly boosted the market. The supply of Shandong market is running at a low level, the inventory is mostly controllable, the manufacturer's mentality is strong, and the price rises slightly. China LPG price is expected to be strong in the short term.
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