Since the beginning of October, the domestic liquefied gas market has continued to rise in price and the focus has shifted upward. At present, the average price of civil gas in Shandong is above 5700 yuan / ton, breaking the highest point in the year, reaching 6000 yuan / ton. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5273.33 yuan / ton on September 30 and 5710.00 yuan / ton on October 11, with an increase of 8.28% and 63.61% compared with January 1.

As of October 11, the mainstream prices of liquefied gas in various regions in China are as follows:

Specifications type of shipping region Mainstream quotation

Civil gas Automobile transportation North China 5550-5850 yuan / ton

Civil gas Automobile transportation East China 5700-5950 yuan / ton

Civil gas Automobile transportation South China 5830-6150 yuan / ton

Civil gas Automobile transportation Shandong region 5600-5830 yuan / ton

Since this year (2021), the overall trend of domestic liquefied gas has been strong, and the price is at a relatively high level. In October, the price of liquefied gas civil market continues to rise, and the overall focus has shifted upward. At present, the civil ex factory quotation of liquefied gas in Shandong is mostly above 5700 yuan / ton, breaking the highest point in the year and sprinting through the 6000 yuan barrier.

The beginning of October was the national day. Although the 11th National Day holiday was ushered in, the price rise in the domestic liquefied gas market did not stop. During the holiday, the price continued to rise, the rising trend remained unchanged after the festival, and the focus still shifted upward. At present, the market is dominated by positive factors. With the introduction of the sharp rise in CP price in October, it has significantly boosted the domestic market. In addition, the international crude oil price is strong and upward, and the news is good for the market mentality. During the holiday, the civil price of liquefied gas rose sharply. However, negative factors still exist. As the current price rises to a high level, the resistance in the downstream after the festival increases, the enthusiasm for entering the market is general, and the market shipment turns light. Shandong civil gas market slightly lowered the price on the 9th, focusing on shipments. However, due to the continuous rise in the prices of related products, the price of liquefied gas for civil use rose again on the 11th. At present, the mainstream quotation of Shandong civil gas is 5600-5830 yuan / ton, and the upstream inventory is mostly controllable.

After the festival, the trend of LPG futures market was strong, which brought some support to the spot market. On October 11, the opening price of LPG futures contract 2111 was 6482, the highest price was 6803, the lowest price was 6430, the closing price was 6755, the former settlement price was 6480, the settlement price was 6635, up 275, or 4.24%, the trading volume was 162007, the position was 54005, and the daily position was increased by – 255. (quotation unit: yuan / ton)

At present, the overall transaction atmosphere of the domestic liquefied gas market is mild, the South and North markets are mainly increased, and the weather continues to cool, and the terminal demand is still expected to improve in the later stage. In addition, the high international crude oil price also brings obvious benefits to the market. However, due to the high liquefied gas price, it is expected that the rise trend of the liquefied gas market will remain unchanged and the increase may narrow in the later stage.