C1 Energy (Shanghai) – Sep 6, 2010 －－－The gross profit for LPG distributors in Nanjing City of East China's Jiangsu Province gradually climbed up over the past month due to higher retail prices, C1 found.
The profit was Yuan 1,054/mt on Sep 5, up about 12.13% from Yuan 940/mt on Aug 5, C1's data shows.
LPG retail price for a 14.5-kg cylinder of LPG rose from Yuan 87 to Yuan 93 in the city in the period, up 6.9%, the data indicates.
Meanwhile, LPG ex-refinery prices in Nanjing rose from Yuan 5,060/mt to Yuan 5,360/mt, up about 5.93%, according to the data.
