In June, the overall LPG civil market rose slightly, and the period was dominated by shocks. According to the data monitoring of business agency, on June 1, the average price of liquefied gas in Shandong market was 2750.00 yuan / ton, and the average price on 30 days was 2793.33 yuan / ton, with an increase of 1.58% during the period and the maximum earthquake amplitude was 4.95%.
Specification, mode of transportation, region, date, mainstream price
Civil gas and automobile transportation in North China June 30 2450-2650 yuan / ton
Civil gas and motor transportation in East China June 30 2600-2800 yuan / ton
Domestic gas transportation to South China June 30 2310-2480 yuan / ton
Civil gas and automobile transportation in Shandong Province June 30, 2600-2680 yuan / ton
Transportation of civil gas to Northeast China by automobile on June 30, 2350-2712 yuan / ton
Civil gas transportation by truck along the river on June 30, 2580-2650 yuan / ton
In the first ten days of June (1-10), the market was dominated. The trend of international crude oil is good. On the 2nd, WTI crude oil and Brent crude oil respectively reached the high points in recent three months, and the price of Saudi Aramco CP in June was higher than expected, which brought benefits to the market. Liquefied gas (LPG) was actively pushed up. The domestic gas in Shandong increased by 50-100 yuan / T, and the national market also rose to varying degrees. The downstream mentality is good, the market replenishment is positive, the factory shipment situation is good, the price is firm, rises for three days in a row.
In the middle of June (10-20), the market mainly fell. Affected by seasonal factors, the weather temperature is high, the market demand is limited, the terminal consumption is general, and multi-dimensional rigid demand is maintained. As the price goes up, the downstream breeds a mentality of resistance. With the completion of replenishment, one after another delisted to consume inventory. The market is mainly cautious and wait-and-see. The atmosphere of market transaction is obviously weakened, and the manufacturer’s ex factory price is loose. Then, under the impact of crude oil slump on November 11, the market lacked favorable support, the enthusiasm of downstream market entry weakened, the pressure of manufacturers to ship goods was greater, and the overall weakness was reduced. In the later period, the market was boosted again by the continuous rise of international crude oil for 3 days, and LPG followed the rise. But this rally was too short-lived, only two days after the rise turned back to the downward channel.
Until late June (20-30), the market first rose and then fell. Due to the approaching of the Dragon Boat Festival holiday and the demand for replenishment before the downstream Festival, the market entry was more positive, the market trading atmosphere was better, the manufacturers’ shipment situation improved, and the price rose slightly. However, manufacturers’ inventory has not been fully released, and affected by seasonal factors, manufacturers’ shipment is difficult, and then it goes down again after the festival. In terms of supply, the start-up of manufacturers is relatively stable, and the supply of civil gas has slightly increased compared with last week.
In June, the overall atmosphere of shipment was flat, and most manufacturers were still in a state of imbalance between production and sales. In July, the Saudi Aramco CP was introduced, and the propylene butane increased by US $10 / T, better than expected, which brought obvious support to the market. However, the traditional off-season in July has not passed, and the demand of the terminal market in summer is limited. It is expected that the market will rise first and then fall in August.
| Thiourea |