China's Domestic LPG Prices Fall to 5,913 Yuan/Ton as Crude Oil Futures Weaken

According to Jin10 Futures, China's domestic LPG prices fell to 5,913 yuan/ton as of July 28, down 92 yuan/ton or 1.5 percent from July 22, driven by continued weakness in crude oil futures. International oil prices have been declining steadily, dampening market sentiment and cooling demand for purchases. Downstream buying pace has slowed, trading activity remains muted, and upstream pressure to move inventory is increasing, pushing prices lower.
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