In the half of November, the LPG market was greatly affected by international crude oil, and the overall trend was first up and then down. According to the data monitoring of the business agency, the average price of liquefied gas in Shandong market was 3100.00 yuan / ton on November 1 and 3093.33 yuan / ton on November 18, down 0.22% in the first half of the month. During this period, the largest earthquake amplitude was 4.33%, and the price was 20.82% lower than that of the same period last year.

As of November 18, the mainstream prices of LPG in various regions of China are as follows:

Specification, mode of transportation, region, date, mainstream transaction price

Civil gas and automobile transportation in North China November 18: 3050-3200 yuan / ton

Civil gas and automobile transportation in East China on November 18, 3120-3260 yuan / ton

Civil gas and automobile transportation in South China November 18: 3350-3380 yuan / ton

Civil gas and automobile transportation in Shandong on November 18, 3100-3120 yuan / ton

Civil gas transportation by truck in Northeast China November 18 2850-3050 yuan / ton

Civil gas transported by automobile along the river on November 18, 3330-3530 yuan / ton

According to the data of the business agency, this year’s LPG market is not as good as last year’s, and the overall price is lower this year. In November, the trend of civil gas in Shandong Province fluctuated. In the first week of November, the overall situation was mainly upward. With the introduction of CP price in November at the end of last year, both propylene and butane rose sharply, which brought obvious benefits to the market. In addition, during the period, the international crude oil industry was dominant, the downstream mentality was better, and the market entry was more positive. Most manufacturers delivered goods smoothly, and the inventory was generally free of pressure, and the mentality was firm, which pushed up the price slightly continuously.

Entering the second week, Shandong civil gas market as a whole fell first and then rose with crude oil. Although the international crude oil fell slightly on July 9, restraining the market, it continued to rise sharply on September 12, and domestic gas followed the upward trend. And with the weather cooling, the terminal demand is better, the news and demand side are both good, supporting a large increase in LPG. Factory shipment smooth, strong mentality. However, in terms of market supply, some manufacturers in the region have resumed production, and the market supply has increased, which has a certain constraint on the price rise.

At present, the third week is coming to an end. Due to the decline of crude oil on the 15th, Shandong civil gas market is lack of favorable support, following the decline. The current price has fallen back to the price before the rise in November. The decline of international crude oil has brought a certain blow to the market. With the end of early replenishment, downstream companies have withdrawn from the market to consume inventory. Manufacturers’ shipment is hindered, and the market transaction atmosphere has become weaker than that in the previous period. At present, there is no obvious pressure on manufacturers’ inventory, and the decline range is limited.

LPG futures market fluctuated and fell in November, which had limited positive effect on spot market

On November 18, 2012, the opening price of LPG futures was 3595, the highest price was 3636, the lowest price was 3530, the closing price was 3621, the previous settlement price was 3578, and the settlement price was 3583, with an increase of 43 or 1.20%, the trading volume was 63506, the position was 26146, and the daily increase was – 6533. (unit: yuan / ton)

At present, the civil gas market in Shandong Province is mainly weak, but the small rise of international crude oil has brought some support to the market. Although the manufacturers’ shipment has turned light, there is still no obvious pressure on the inventory. The current enthusiasm of downstream market entry is not high, and the decline space of LPG civil market is limited. It is expected that the civil gas horizontal consolidation will be the main trend in the short term.