SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: China LPG Market has a Narrow Adjustment and Limited Fluctuation

September 07 2021 15:29:48     SunSirs (Selena)

Last week, Shandong civil gas market fluctuated and rose, with frequent but limited fluctuations during the week. According to the data monitoring of SunSirs, the average price of LPG in Shandong civil market was 4,733.33 RMB/ ton on August 29 and 4,743.33 RMB/ ton on September 3, with an increase of 0.21% during the week and 4.25% compared with the same period last year.

Last week, the trend of Shandong civil gas market showed a down up down trend. Although the price was adjusted frequently during the week, the range was small, and the overall narrow consolidation was the main trend.

Last week, the LPG futures market fluctuated higher, which brought positive support to the spot market. On September 3, the opening price of LPG futures contract 2110 was 5,222, the highest price was 5,340, the lowest price was 5,175, the closing price was 5,332, the former settlement price was 5,138, the settlement price was 5,244, up 194, or 3.78%, the trading volume was 90,974, the position was 46,248, and the daily position was increased by -96(Quotation unit: RMB/ ton).

At present, the international crude oil rises sharply, the supply in the region is low, and the LPG futures market also rises sharply, which brings benefits to LPG market. With the arrival of the traditional peak season in September, the terminal demand is expected to increase. It is expected that LPG Shandong market may rise in the short term. More attention should be paid to the trend of crude oil.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isobutyraldehyde | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products