With the end of the off-season and the beginning of September, the main actor in the domestic propane Market, Shandong propane market increased slightly one after another, and the average price returned to above 5000 yuan / ton. According to the data monitoring of business agency, the average price of propane in Shandong market was 4980.75 yuan / ton on August 31 and 5015.75 yuan / ton on September 3, with an increase of 0.70% during the period, an increase of 5.63% compared with August 1.

As of September 3, the mainstream prices of propane in different regions in China are as follows:

region Specifications September 3rd

East China Propane,% (V / V) not less than 95 4850-4950 yuan / ton

North China Propane,% (V / V) not less than 95 5000-5080 yuan / ton

Shandong region Propane,% (V / V) not less than 95 4950-5100 yuan / ton

South China Propane,% (V / V) not less than 95 4910-5000 yuan / ton

Central China Propane,% (V / V) not less than 95 5100-5330 yuan / ton

In September, the domestic propane market was dominant as a whole. Although the propane Market in Shandong increased, the range was limited. In September, when CP prices were introduced, both propylene and butane rose, bringing support to the market, and the international crude oil market fluctuated higher. The news was good for the market mentality. At present, most refinery inventories are at a low level, the mentality is strong, and the price is actively increased. However, as the off-season has just passed, the improvement of terminal demand in Shandong market is not obvious. The downstream has limited ability to accept high prices, cautious attitude and general enthusiasm to enter the market, which has brought some restraint to the rising market.

Saudi Aramco announced in September that both propylene and butane rose. Propane was 665 USD / T, an increase of 5 USD / t over the previous month; Butane is 665 USD / T, an increase of 10 USD / T compared with the previous month.

On the whole, the current international crude oil has increased significantly, and the increase in import costs has brought obvious support to the market. The manufacturers have a strong mentality under the control of inventory, and the price has increased. However, the current terminal demand has not increased significantly, and the downstream market entry enthusiasm is general, which has restrained the rising market. It is expected that the propane market will rise slightly in the short term. Specifically, we still need to pay attention to the changes of international crude oil.