This week, the domestic liquefied gas market returned to weakness, and Shandong civil gas market fluctuated and fell. According to the monitoring data of business agency, the average price of liquefied gas in Shandong civil market was 5910.00 yuan / ton on July 5 and 5846.00 yuan / ton on July 12, with a decrease of 1.08% during the week and an increase of 33.37% over the same period last year.

As of July 12, the mainstream prices of liquefied gas in various regions in China are as follows:

Region, Mainstream quotation

North China, 5800-5900 yuan / ton

South China, 5650-58000 yuan / ton

Northeast China, 5750-6000 yuan / ton

Shandong region, 5800-5950 yuan / ton

This week, the domestic liquefied gas market returned to weakness, the market was good and the support was insufficient, and the Shandong civil gas market fell violently. During the week, the international crude oil price fell first and then rose, and the cost side brought Limited benefits to the market. At present, affected by the traditional off-season sales, the terminal demand continues to be weak, the downstream mentality is more cautious, the enthusiasm for entering the market is not high, and the market trading atmosphere is limited. In addition, the supply of Shandong market is relatively sufficient, the contradiction between supply and demand in the region is difficult to change, and the price is weak.

The recent weakness of LPG futures market has brought insufficient support to the spot market. On July 12, the opening price of LPG futures contract 2208 was 5388, the highest price was 5525, the lowest price was 5333, the closing price was 5457, the previous settlement price was 5478, the settlement price was 5453, down 21, the trading volume was 166451, the position was 53967, and the daily position was increased by 575. (quotation unit: yuan / ton)

Recently, the international crude oil price and futures market are both weak, which has brought Limited benefits to the market. In addition, the current seasonal impact is more obvious, the terminal consumption is slow, and the downstream market entry enthusiasm is not high. Shandong’s market supply has not changed much, which is relatively abundant, and the contradiction between market supply and demand still exists. It is expected that the market price of civil gas in Shandong will continue to be weak in the short term, mainly continuing to decline.