The latest price of propane (3-29): 5340 RMB / ton in the market outlook

Key points of analysis: The propane market has stopped falling and rebounded recently, low-level supply is moving smoothly, manufacturers have effectively destocked, and prices have risen along with the trend. At the same time, with the help of the rebound in crude oil prices, the trading atmosphere in the market has improved, and the downstream has actively replenished goods, and the price has risen steadily.

Forecast of the market outlook: The news support is limited, and propane continues to rise with insufficient momentum. It is expected that the price of propane will stabilize in the short term.

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