Pakistan LPG shortage worsens after border closure, traders say
Bullish strength: 65/100
- Disrupted Iranian LPG imports are tightening supply in Pakistan.
- The price of a 12 kg LPG cylinder has surged from 4,500 to 7,000 Pakistani rupees within days.
- Traders warn shortages and prices could worsen if disruptions persist.
Bearish strength: 35/100
- The Gabd-Rimdan crossing has partially reopened for Pakistani exports of perishable goods.
- Pakistan and Iran are holding consultations on resuming trade.
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