Near the end of the month, the civil liquefied gas market continued to rise, and the price still rose. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 4466.67 yuan / ton on July 22 and 4533.33 yuan / ton on July 26, with an increase of 1.49% and 4.78% compared with July 1.
As of July 26, the mainstream prices of liquefied gas in various regions in China are as follows:
Specifications type of shipping region Mainstream quotation
Civil gas Automobile transportation North China 4450-4580 yuan / ton
Civil gas Automobile transportation East China 4300-4430 yuan / ton
Civil gas Automobile transportation South China 4470-4550 yuan / ton
Civil gas Automobile transportation Shandong region 4500-4650 yuan / ton
Near the end of the month, the overall domestic liquefied gas price is still rising. On the 26th, the market price of liquefied gas in Shandong and East China was strong, and most of them delivered steadily; The overall price of South China market has increased, and the overall shipment situation of the market along the river is good, and the price has increased. Over the weekend, international crude oil closed up slightly, and the news brought positive support to the market. The inventory of most upstream enterprises in Shandong is at a controllable level and generally worry free. In addition, some refineries are still in the maintenance stage and have a strong mentality. The mainstream transaction price of civil gas in Shandong is around 4540-4550 yuan / ton. The enthusiasm of downstream market entry is fair, and the overall transaction atmosphere of the market is mild. Only individual manufacturers make small profits and ship goods according to their own conditions.
The recent surge in LPG futures market has brought certain benefits to the spot market. On July 26, the opening price of LPG futures contract 2109 was 4946, the highest price was 5047, the lowest price was 4918, the closing price was 4963, the former settlement price was 4972, the settlement price was 4966, down 9, down 0.18%, the trading volume was 90800, the position was 67026, and the daily position was increased by – 3421（ Quotation unit: yuan / ton)
Although the market is currently in the traditional off-season and the terminal demand is weak, due to the low overall supply in Shandong market, most refinery inventories are at the low level, the upstream mentality is good, coupled with the high operation of international crude oil, the overall market entry atmosphere in the downstream is more positive and the price is strong. At present, there are still positive factors in the market. It is expected that the market price of civil gas in Shandong is unlikely to fall sharply in the short term.