This week, the domestic liquefied gas market was not favorable, and the price continued to fall. The price of civil gas in Shandong mostly fell below the 5000 yuan / ton level. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5220.00 yuan / ton on December 12 and 4950.00 yuan / ton on December 20, with a decrease of 5.17% during the week and an increase of 41.03% compared with the same period last year.

As of December 20, the mainstream prices of liquefied gas in various regions in China are as follows:

region Mainstream quotation

North China 4720-5050 yuan / ton

East China 4750-5200 yuan / ton

South China 4950-5250 yuan / ton

Shandong region 4800-5200 yuan / ton

This week, the overall trend of the domestic liquefied gas market continued to be weak, the focus of Shandong civil gas market continued to move downward, and the price mostly fell below the 5000 yuan / ton level. At present, the market is lack of good. The downward trend of international crude oil shocks has brought insufficient support to the market. Although the supply of Shandong market has not fully recovered and operates at a low level, the improvement of terminal demand is insufficient. The recent cooling of the weather is not obvious, the market demand is limited, the downstream mentality is cautious, and the enthusiasm to enter the market is not high. The manufacturer’s inventory is increasing gradually, focusing on profit making shipment. The domestic civil liquefied gas market is mainly weak, and the civil gas market in other regions has also been reduced to varying degrees.

The recent shock and decline of LPG futures market has brought some bad news to the spot market. On December 20, the opening price of LPG futures contract 2202 was 4280, the highest price was 4341, the lowest price was 4161, the closing price was 4175, the former settlement price was 4375, the settlement price was 4252, down 200, down 4.57%, the trading volume was 170851, the position was 70082, and the daily position was increased by 4749. (quotation unit: yuan / ton)

At present, the domestic liquefied gas market as a whole is mainly downward, and the market lacks obvious benefits. The shock of the international crude oil trend brings limited support to the market, the improvement of terminal demand is insufficient, the downstream market entry enthusiasm is limited, the overall transaction atmosphere in the market is weak, the manufacturer’s mentality is general, and the price is mainly reduced for shipment. It is expected that the price of civil gas in Shandong will still be downward in the short term.