Price trend

On the 15th, the overall domestic LPG market weakened, and the price of Shandong civil gas market continued to decline, with a downward adjustment rate of about 50 RMB/ton.

Analysis review

The international crude oil price fell on the morning of the 15th, which was negative for the market mentality. In addition, in the current traditional off-season, the terminal demand was weak, and the downstream maintained on-demand replenishment, and the market trading atmosphere was not good.

Market outlook

It is expected that the price of civil LPG will continue to be weak in the short term.

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