Commodity News
SunSirs: The LPG Market Fell in a Narrow Range on March 10
March 11 2022 08:57:50 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the average price of LPG in Shandong market was 7,150.00 RMB/ton on March 9, and the average price on March 10 was 7,140.00 RMB/ton, a single-day drop of 0.14%, and up 14.31% compared with March 1.
Analysis review
On the 10th, the domestic LPG market prices generally stabilized. The Shandong civil gas market lowered the ex-factory price slightly, the international crude oil fell sharply, and the market sentiment was negative. The downstream resistance was obvious, and the market trading atmosphere was sluggish.
Market outlook
It is unlikely that prices will continue to rise in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-05-11 SunSirs: China LPG Market steadily Rose This Week (May 6-10)
- 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
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