Group 1 - The domestic futures market for energy and chemicals showed mixed results, with liquefied petroleum gas (LPG) futures experiencing a price increase of approximately 1.71%, reaching a high of 4232.00 yuan/ton [1] - The Dalian Commodity Exchange recorded 5476 LPG futures warehouse receipts, remaining stable compared to the previous trading day, with a weekly increase of 865 receipts, representing an 18.76% growth [2] - The overall supply-demand balance for LPG remains unchanged in the medium term, with supply from the Middle East and North America expected to continue increasing, while downstream chemical demand is constrained by insufficient profit growth [2] Group 2 - Recent strong performance in the external market, particularly for near-month contracts, is attributed to increased burning demand in the Northern Hemisphere and tight supply from the Middle East [3] - Domestic fundamentals are relatively healthy, with stronger-than-expected chemical demand and low refinery inventories providing price support [3] - The current LPG market is experiencing a divergence from its fundamental conditions, indicating potential risks and suggesting cautious participation [3]
弹性需求受到抑制 液化石油气期货上行驱动有限
Jin Tou Wang·2025-12-16 07:04