LPG:冬季需求对价格支撑明显

Core Insights - The domestic liquefied gas market has experienced a price increase, with an average price of 4360 CNY/ton, up 19 CNY/ton or 0.44% from the previous working day [1] - The futures market also saw an increase, with the main contract closing at 4317 CNY/ton, up 28 CNY/ton or 0.65% from the previous working day [1] - Supply has slightly increased while demand remains stable, with a decrease in port inventory and a slight rise in the operating rates of downstream chemical enterprises [1] Market Overview - The international market showed a trend of rising then falling prices, but overall price levels have increased [2] - Supply tightness in non-US markets and strong buying interest have been noted, particularly in the Middle East [2] - The LPG prices in the Far East initially rose due to strong buying but later declined as crude oil prices weakened [2] Regional Analysis - In East China, the average price of civil gas rose by 13 CNY/ton to 4360 CNY/ton, with a 0.30% increase [3] - The market in East China is performing well, supported by rising import costs and narrowing refinery supply [3] - In South China, the civil gas market saw a 25 CNY/ton increase to 4360 CNY/ton, reflecting a 0.58% rise [4] - The supply tightness and rising costs are the main factors supporting price increases in South China [4] - In Shandong, the civil gas market price rose by 10 CNY/ton to 4460 CNY/ton, marking a 0.22% increase [4][5]