With the end of Qingming holiday, Shandong propane market continues to rise. At present, the average price of Shandong market has exceeded 4800 yuan. According to the data monitoring of business news agency, the average market price of propane was 4505.75 yuan / ton on April 6 and 4843.25 yuan / ton on April 13, with an increase of 7.49% after the holiday and 24.75% compared with the same period last year.

After the Qingming holiday, Shandong propane Market showed a continuous upward trend, with a sharp rise this time. During the period, the price increase ranged from 300-350 yuan / ton. According to the data monitoring of business society, the average propane market price in Shandong in 2019 was 4527.50 yuan / ton; on April 13, 2020, the average propane market price in Shandong was 3882.50 yuan / ton; on April 13, this year, the average propane market price in Shandong was 4843.25 yuan / ton. Comparing with the data of the same period, we can see that the market price of propane is relatively high this year,

As of April 13, the mainstream propane prices in different regions in China are as follows:

13 April 2005

Propane in East China,% (V / V) not less than: 95 4380-4550 yuan / ton

In North China,% (V / V) is not less than: 95 4630-4700 yuan / ton

In Shandong Province,% (V / V) propane is not less than 95.4750-4950 yuan / ton

In South China,% (V / V) is not less than 95 4500-4550 yuan / ton

Propane in Central China,% (V / V) not less than: 95 4630-4796 yuan / ton

In April, the market began to repair one after another, and the market supply decreased, which brought obvious support to the market. Secondly, on April 8, the sharp rise of international crude oil brought good news to the market. In addition, after the holiday, there is a certain demand for replenishment in the downstream, the market entry is more positive, the market transaction atmosphere is better, the upstream inventory is low, the manufacturer’s mentality is better, and the price is pushed up to a high level one after another. At present, there are some differences between the north and the south in the domestic propane Market. The rising trend in the north is stronger than that in the south.

In terms of international market, Saudi Aramco announced in April that there was a downward trend in propane butane. Propane was 560 US dollars / ton, down 65 US dollars / ton compared with the previous month; butane was 530 US dollars / ton, down 65 US dollars / ton compared with the previous month.

On April 13, the small rise of international crude oil brought some support to the market, while Shandong propane market was still pushing up steadily. Although the range was narrower than that of the previous few days, the market transaction atmosphere was mild, and the upstream LPG market was also on the upward route. Generally speaking, the price in the northern market has risen to a relatively high level, while the price in the southern market is relatively low, and the inventory in Shandong market is mostly controllable. However, the bad news is still there. The weather is warming up, and the market demand is expected to decline. It is expected that the propane market will be relatively strong in the short term, with sporadic rise, but there is still a possibility of decline in the long term.