At the beginning of the month, the market price of liquefied gas was strong and increased by a narrow range

In July, the domestic liquefied gas market was relatively strong, and Shandong civil gas market rose by a narrow margin. According to the monitoring data of business agency, the average price of liquefied gas in Shandong civil market was 5890.00 yuan / ton on July 1 and 5910.00 yuan / ton on July 5, with an increase of 0.34% during the period and 34.32% over the same period last year.

 

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As of July 5, the mainstream prices of liquefied gas in various regions in China are as follows:

Region, Mainstream quotation

North China, 5900-6000 yuan / ton

South China, 5600-5800 yuan / ton

Northeast China, 5800-6100 yuan / ton

Shandong region, 5850-5900 yuan / ton

In July, the overall price of domestic liquefied gas market was more strong, and the civil gas market in Shandong was higher, but the fluctuation range was relatively limited. Recently, the international crude oil price has fluctuated and risen, and the cost side has brought some support to the market. The downstream maintains the replenishment on demand, the market trading atmosphere is general, and there is no pressure on the production and sales of manufacturers in Shandong market. However, due to seasonal factors, the continued high temperature in some regions has not significantly improved the terminal demand, which has significantly restrained the market and limited the range of price fluctuations.

 

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Recently, the LPG futures market has increased significantly, which has brought some support to the spot market. On July 5, the opening price of LPG futures contract 2208 was 5938, the highest price was 6046, the lowest price was 5856, the closing price was 5902, the previous settlement price was 5779, the settlement price was 5931, up 123, the trading volume was 143777, the position was 60874, and the daily increase was -2191. (quotation unit: yuan / ton)

 

Recently, the international crude oil price and futures market have brought obvious support. The civil market price of liquefied gas is relatively strong, and the upstream pressure of Shandong market will not be hit for the time being. However, the current seasonal impact is more obvious, the terminal consumption is slow, and the market trading atmosphere is general. In addition, on July 5, the international crude oil fell sharply, and the price fell sharply. The news is bad for the market mentality. It is expected that the market price of Shandong civil gas will fall in the short term.

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