SunSirs: Liquefied Gas Prices will Run Smoothly in the Near Future

https://www.chemnet.com   Apr 20,2023 SunSirs

　　The latest price of liquefied gas (4-17): 5142 RMB/ton, to be seen as flat in the future market

　　Key points of analysis: On April 17th, the civilian liquefied gas market in Shandong continued to rise, with a range of 50 RMB/ton, and the mainstream transaction price rose to 5150-5200 RMB/ton. Recently, international oil prices have risen, and with the boost of news, the trading environment in the liquefied gas market has significantly improved. Downstream procurement enthusiasm has increased, and upstream inventory has been effectively reduced, actively driving up prices.

　　Future forecast: In the off-season of demand, the resistance of the end market towards high priced goods has increased. It is expected that the liquefied gas market may absorb the increase in the near future, and the mainstream will stabilize and operate

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