SunSirs: Smooth Sales, China Shandong LPG slightly increased

https://www.chemnet.com   Jun 16,2023 SunSirs

On June 15, the civilian LPG market in Shandong slightly increased by 50 yuan/ton. It is reported that the Shandong LPG market has recently stopped falling and risen, with downstream buying on dips. The trading atmosphere in the market has improved, and upstream inventory pressure has eased, actively pushing up. At the same time, international oil prices have rebounded directly, further supporting market confidence. The demand needs to be further increased, and it is expected that China Shandong LPG civilian market will operate smoothly in the short term, with a low price increase.

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