In July, the civil LPG market showed an upward trend, and the price continued to rise. In August, although the off-season has not passed, the market continued to rise and continued to take the lead, with the increase slightly narrowed. According to the data monitoring of the business agency, the average price of LPG in Shandong market on August 1 was 3116.67 yuan / ton, and that on August 7 was 3166.67 yuan / ton, up 1.6% in the week and 14.73% higher than that in July 1.

In July, Shandong LPG civil market rose as a whole, with an increase of 12.92% in the month. In the first week of July, due to the influence of seasonal factors, the market growth was not obvious, and most of them were in a narrow range; in the second week, the market opened up an upward channel, during which the ex factory price continued to rise. In the third week, the market continued to rise, with the focus moving up as a whole. The mainstream price broke through the 3000 yuan / t mark, and rose by 4.48% in only four days. However, due to the excessive increase, the price was up to the fourth week The grid became loose and ended with a small concussion. July was supposed to be the traditional off-season for sales, but due to more favorable factors in the month, the domestic gas market rose all the way.

The main reasons for the rise of gas price in the month are as follows: firstly, CP rose in July, which was higher than expected, which brought certain support to the market; secondly, the international crude oil trend was better in the month, and the rise was more than the decline; thirdly, the refinery was centralized in maintenance, and the overall market supply decreased. Downstream buy up mentality, enter the market actively, manufacturers ship smoothly, market transaction atmosphere is good. Manufacturers have no pressure on inventory, most of the inventory in low-level operation, the mentality is relatively strong.

In the first week of August, although the traditional off-season has not passed, the price rise has not stopped. The market continued its July rally in the first week, up 1.6% during the week. At the beginning of the week, the market first returned to rationality. Due to the resistance of the downstream to high prices, more cautious wait-and-see, manufacturers’ shipment is hindered, and more small price cuts to stimulate downstream market entry. Subsequently, due to the slight increase of CP price in August and the slight rise of international crude oil during the week, the overall supply of the market did not change much, and the support price rose again under multiple favorable conditions. The enthusiasm of the downstream to enter the market turned active, and they entered the market to replenish goods one after another. At present, the overall inventory of manufacturers is controllable and the production and sales are balanced.

Until August 7, the mainstream prices of LPG in various regions in China were as follows:

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

Civil gas transportation by truck in North China August 7, 2900-3250 yuan / ton

Civil gas transportation by truck in East China August 7, 2900-3200 yuan / ton

Civil gas and automobile transportation in South China on August 7, 2930-2980 yuan / ton

Civil gas and automobile transportation in Shandong Province on August 7, 3200-3400 yuan / ton

Civil gas and automobile transportation in Northeast China August 7 3100-3350 yuan / ton

Civil gas and automobile transportation along the river on August 7, 3000-3000 yuan / ton

In the future, with the completion of centralized maintenance of refineries, market supply is expected to rise, the current price is at a relatively high level, the short-term good is limited, and the market is mainly adjusted in a narrow range. In the long run, in terms of demand, at present, autumn is beginning, the temperature is gradually decreasing, and the terminal demand is gradually increasing. In late August or early into the peak season, it is expected that August will still have a significant rise.