Owning to such factors as season and international oil price rise, civil LPG price has risen in some regions. Yesterday, NDRC issued a notice that demands to strengthen LPG’s price management and ensures market supply. All local companies must not increase factory price optionally. 

In the notice, NDRC demands the two biggest petrochemistry groups- Pectro China and Sinopec-urge their LPG factories run in full sail, balance each month supply and linkup and strive to increase resource supply. Local sectors of NDRC are demanded to strengthen coordination among production, import, allocation and transportation and ensure LPG supply.

Since this autumn, insufficient supply of LPG has appeared in some regions.

According to Yun’nan local medium report, insufficient LPG supply has been occurred for two months. News from Guangzhou says in October petroleum gas price rose dramatically in Guangdong province. Recent days, at pear river delta, dock wholesale price of imported gas has risen to the maximum price of this year-7,000yuan per ton.

Yesterday, when she was interviewed by a reporter, Liang Haishan from gas department of Guangdong provincial oil & gas chamber of commerce says that since the begin of this autumn civil LPG supply is insufficient because of seasonal demand increase. Other factors come from continuous increase of international oil price and great fluctuation of market price.

Talking of whole country situation, at present, one third of LPG demand depends on import and two thirds comes from domestic supply. But in Guangdong and other coastal regions, 60% of LPG supply depends on import. Liang Haishan says Guangdong LPG price has been marketed so price fluctuation is affected by international crude oil price and this region price fluctuation is intensive.
 
Aiming at NDRC’s control policy, Liang Haishan says the policy may make little effect on the region that mainly depends on import. Firstly, port price of 60% LPG supply has been completely opened; Secondly, after LPG of Pectro China, Sinopec and other state-owned companies was controlled, though factory price is low, distribution merchants still would adjust LPG price based on the situation. 
 
“However, facing to price fluctuation in some time and some region, the two giants can ensure market supply. But if LPG price keeps rising, planned price is not good method for long term.” Liang Haishan says.

According to the statistics of the chamber, in recent years, owing to the impact of international oil price, local civil LPG price has continuously risen. In the provinces that don’t need import, this situation appears too.
 
The NDRC’s notice demands local LPG factory price must be made to keep price ratio of it to military gasoline factory price is 0.83~0.92 to 1. The price must not be increased optionally. For the regions that LPG price is marketed, LPG price increase emergency plan will be made. When price abnormal fluctuation happens, emergency plan can be launched in time according to law.
 
Since the beginning of the second half year, domestic goods price increase has accelerated. For this reason, national relevant departments have expressed for many times to strengthen market supervision and restrain fast increase of consumable price. Before the end of this year, in principal, governmental price adjustment items won’t be issued.