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¡º Briefing: SZ China LPG Daily Report 20120203 ¡»[2012-2-3]
Commentary:
South China kept the bullish trend to be sharply up on Friday. Trucking prices were sharply up to a range of Yuan 6,550-7,500/mt. Shenzhen market was sharply up to a range of Yuan 7,300-7,500/mt. In Zhuhai market, the prices for imported materials went up sharply to a range of Yuan 7,300-7,450/mt whereas the prices for domestic material moved sharply up to a range of Yuan 6,550-6,740/mt. Western Guangdong market was sharply up to a range of Yuan 6,630-6,700mt. Eastern Guangdong market was sharply up to a range of Yuan 6,550-7,150/mt.
East China continued to be moderately up on Friday. Truck prices were sharply up to a range of Yuan 5,980-6,680/mt. Local refrigerated terminals remained stable at around Yuan 7,000/mt.
Jiangsu market was moderately up to a range of Yuan 5,950-6,040/mt Friday. Shanghai market was slightly up to a range of Yuan 5,980-6,000/mt. Zhejiang market was moderately up to a range of Yuan 6,250-6,450/mt Friday. Fujian market moved up sharply to at around Yuan 6,600/mt amid desired atmosphere.
