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March 16 South China LPG Market Still Has Room for Transaction Price Increases
Over the weekend, South China liquefied petroleum gas prices surged strongly. Due to concerns about future supply, downstream buyers are maintaining high inventory levels based on demand. The ongoing turmoil in the Middle East remains the dominant factor influencing the market, providing support for a relatively strong fluctuation in prices. It is expected that today’s market transactions will still have room for further increases. (Longzhong Information)