Great start! Propane stopped falling and rose strongly
Entering 2023, Shandong propane market stopped falling and rebounded, strongly pulling up, strong upward strength, long rise cycle, average daily increase of 150-200 CNY/ton. According to the data monitoring statistics of business agencies, the average price of Shandong propane market on January 1 was 5082 CNY/ton, and the average market price on January 11 was 6000 CNY/ton, an increase of 18.05% compared with the lowest point at the beginning of the year.
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In the first half of January, the Chinese propylene oxide market showed an upward trend