After the Mid Autumn Festival, the domestic LPG market was dominated by consolidation, and the Shandong civil gas market lacked the impetus to continue to rise, and the price fell back in a narrow range. According to the data monitoring of the business community, the average price of LPG in the civil Shandong market was 5,930.00 RMB/ ton on September 8, and 5,916.00 RMB/ ton on September 15, with a weekly drop of 0.24%, up 13.04% compared with the same period last year.

This week, the overall domestic LPG market was dominated by consolidation. The Shandong civil gas market was generally stable, and the ex factory prices of individual manufacturers were lowered by a small margin. During the Mid Autumn Festival holiday, the price of civil gas in Shandong was mostly stable. After the festival, due to the lack of impetus for rising, the price fell back. The recent trend of the international crude oil market is volatile, which has brought limited support to the market. Although the "Golden Ninth" has been more than half, the terminal demand has been limited. The downstream replenishment demand after the festival has not met expectations. The manufacturer's shipment situation is general, the market trading is limited, and the price falls back.

On September 15, the opening price of LPG futures contract 2210 was 5,543, the highest price was 5,625, the lowest price was 5,511, the closing price was 5,522, the previous settlement price was 5,547, the settlement price was 5,576, down 25, the trading volume was 95,675, the position was 49,876, and the daily position increase was -3,026. (Quotation unit: RMB/ ton)

At present, the international crude oil market has risen, and the cost has brought relative support to the market. Although it was more than half of September, the increase of terminal demand was limited. The downstream was resistant to the high price. The enthusiasm for entering the market was not good. The market trading atmosphere was general. The manufacturers adjusted the price more and mainly shipped. It is estimated that in the short term, the LPG market price of China Shandong civil gas may still yield a small margin.

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