June 28-30, propane (Shandong) market showed a continuous upward trend. On June 28, the average price of propane market was 2870.00 yuan / ton, and the average price on 30 days was 2927.50 yuan / ton, with an increase of 2.00% during the period, and the price decreased by 1.60% compared with the beginning of the month (June 1).
Regional specification enterprises rose and fell from June 28 to June 30
Shandong propane,% (V / V) not less than: 95 HSBC Petrochemical 2880 yuan / ton 2980 yuan / ton + 100
Shandong propane,% (V / V) not less than: 95 Hualian Petrochemical 2800 yuan / ton 2880 yuan / ton + 80
Shandong propane,% (V / V) not less than: 95 Hengyuan Petrochemical 2950 yuan / ton 3000 yuan / ton + 50
Shandong propane,% (V / V) not less than: 95 Haiyou Petrochemical 2800 yuan / ton 2850 yuan / ton + 50
Shandong propane,% (V / V) not less than: 95 Binzhou Dayou 2800 yuan / ton 2880 yuan / ton + 80
During the Dragon Boat Festival small and long holidays, propane market was mainly stable. On the 28th, after the holiday, there was a demand for replenishment in the downstream after the festival. The enthusiasm for entering the market was good. The overall trading atmosphere of the market was fair. The inventory of manufacturers was running at a low level. In addition, the price of domestic gas went up, which played a certain role in supporting the propane Market. On the 30th, crude oil pushed up in the morning, which brought good news to the market again. At present, the expected high price of CP in July has significantly boosted the market mentality. The Shandong market continued to rise, ranging from 20-80 yuan / ton.
After the new round of replenishment in the downstream after the festival, more delisting and consumption of inventory, and the CP will be released in July, the downstream wait-and-see mentality is relatively strong. At present, it is still strongly affected by seasonal factors, and the slowdown of terminal consumption has restrained the upward trend of prices. It is expected that the propane Market in the traditional off-season demand will mainly fluctuate in July or in a narrow range.