South China LPG Refineries Continue Decline, Widen Port Price Spread on May 21

GateNews
According to Jin10 Futures, on May 21, South China's main refineries continued their decline overnight, widening the spread with port prices. Port-side selling pressure eased with some regional stabilization, supported by elevated cost levels. However, overnight international crude oil prices turned lower, limiting upside momentum. Market participants expect refineries to steady today, though downside correction risks remain.
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