Price trend

On the 15th, the propane market in Shandong slightly rose, while some other regions fell.

Analysis review

Boosted by crude oil, supported by news, downstream demand was stable, replenishment atmosphere was good, upstream goods flow was smooth, and the Shandong market was slightly rising. Some high prices in other regions had been resisted by downstream, resulting in a decline in high prices. In the short term, there was not much change in supply and demand.

Market outlook

It is expected that propane will undergo a narrow consolidation operation in the short term.

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