On September 27, the propane market price corrected at a high level

According to the data monitoring of business agency, the average price of propane in Shandong market was 5663.25 yuan / ton on September 26 and 5595.75 yuan / ton on September 27, with a single day decline of 1.19%, an increase of 12.29% compared with September 1.

On September 27, the rise in the domestic propane market was suspended, and most of the ex factory quotations in Shandong market were reduced. At present, the mainstream quotation is 5500-5650 yuan / ton. The high level of international crude oil has brought some support to the market, but the National Day holiday is coming, the manufacturers’ demand for storage and discharge before the holiday and the price has been slightly corrected. It is expected that the price of propane market may still be reduced in the short term, but the space is limited.

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