Workflow
液化石油气日报：市场矛盾暂有限，盘面窄幅震荡-20251030
Hua Tai Qi Huo·2025-10-30 05:23

Report Summary 1) Report Industry Investment Rating - Unilateral: Neutral, with a short - term focus on waiting and observing [2] - Inter - period: None [2] - Cross - variety: None [2] - Futures - cash: None [2] - Options: None [2] 2) Core View of the Report - The contradiction in the liquefied petroleum gas market is currently limited, and the volatility of the crude oil end has also decreased. The market has entered a narrow - range oscillation state, and industry players are waiting for the final result of the Sino - US tariff negotiation [1] 3) Summary by Related Catalog Market Analysis - On October 29, regional prices were as follows: Shandong market, 4200 - 4300; Northeast market, 3630 - 4030; North China market, 4100 - 4350; East China market, 4150 - 4310; Yangtze River market, 4550 - 4760; Northwest market, 4150 - 4200; South China market, 4250 - 4480 [1] - In the second half of November 2025, the CIF price of frozen propane in East China, China, was 548 US dollars/ton, up 7 US dollars/ton, and butane was 548 US dollars/ton, up 6 US dollars/ton. In RMB terms, propane was 4274 yuan/ton, up 54 yuan/ton, and butane was 4274 yuan/ton, up 46 yuan/ton [1] - In the second half of November 2025, the CIF price of frozen propane in South China, China, was 543 US dollars/ton, up 8 US dollars/ton, and butane was 543 US dollars/ton, up 7 US dollars/ton. In RMB terms, propane was 4235 yuan/ton, up 62 yuan/ton, and butane was 4235 yuan/ton, up 54 yuan/ton [1] - The domestic liquefied petroleum gas spot price remained stable overall yesterday, with partial increases. In Shandong, the mainstream transaction price of civil liquefied petroleum gas increased month - on - month, but the price of ether - post carbon four decreased. The trading atmosphere of civil gas was active, driving up the prices of some enterprises with good sales. The production and sales of ether - post carbon four were stable, but the decline in crude oil prices had a negative impact on market sentiment, and refineries adjusted their prices downwards [1]