In mid October, the domestic liquefied gas market continued to rise, and the price rose, repeatedly hitting the highest point in the year. At present, the ex factory quotation of civil gas in Shandong mostly rose to 6500 yuan / ton. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 6026.67 yuan / ton on October 17 and 6416.67 yuan / ton on October 20, with an increase of 6.47% during the week, an increase of 21.68% compared with October 1.

As of October 20, 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 5950-6700 yuan / ton

Civil gas Automobile transportation East China 6150-6400 yuan / ton

Civil gas Automobile transportation South China 6260-6350 yuan / ton

Civil gas Automobile transportation Shandong region 6300-6500 yuan / ton

In the middle of October, the price of domestic liquefied gas continued to rise. Shandong’s civil gas market price is strong, and the rise rate has increased this week. At present, there are many favorable factors in the market, supporting the continuous increase of liquefied gas price. The strong international crude oil price and high import price have brought some positive support to the market. In terms of supply, the supply in Shandong market has not changed much recently. In terms of demand, the weather temperature has been declining, especially in the northern market, the cooling is obvious, and the terminal demand has increased. The downstream buyer’s mentality is relatively positive, the manufacturer’s shipment is smooth, there is no obvious pressure on the inventory, the mentality is relatively strong, and the price is reported high one after another. At present, the price of liquefied gas has risen to a high level in recent seven years.

Recently, the LPG futures market fluctuated downward, bringing Limited benefits to the spot market. On October 20, the opening price of LPG futures contract 2112 was 6462, the highest price was 6508, the lowest price was 5974, the closing price was 6215, the former settlement price was 6486, the settlement price was 6244, down 271, down 4.18%, the trading volume was 257255, the position was 71224, and the daily position was increased by – 4811. (quotation unit: yuan / ton)

At present, the overall transaction atmosphere in the domestic liquefied gas market is mild, and the South and North markets are mainly adjusted upward. At present, the manufacturers in Shandong market have smooth shipments, most of their inventories are at a controllable level, and their mentality is relatively strong. In the later stage, with the weather continuing to cool down, the terminal demand still increases. In addition, the high international crude oil price also brings obvious benefits to the market, It is expected that the LPG market will continue to rise in the later stage.