This summer, in the low demand period, the domestic propane market achieved a gorgeous counterattack, all the way up. In September, the propane market continued to rise, breaking through four years of high prices, and constantly refreshing the year's high.

According to Zhongyu information monitoring data, as of September 13, the average domestic propane market price at 5637 yuan / ton, is the 22nd consecutive rise, and the current market performance, the rise has not yet stopped meaning.

On the whole, low supply is still an important supporting factor for the market, not only domestic supply, but also the inland volume of imported resources is not high, which provides a certain impetus for the domestic market. With the arrival of autumn, domestic demand for propane has also shown strong, upstream and downstream trading are positive, although the overall domestic price is quite high, but downstream still into the market to receive goods.

On the other hand, the cost of imported resources is obviously on the high side this year. Affected by Sino-US trade frictions, the price of goods in the Middle East is high, while the inflow cost of American resources is higher, coupled with the decline of RMB exchange rate, the increase of import costs is more obvious. The domestic liquefied petroleum gas market has a high degree of dependence on foreign countries, and the increase of import costs will undoubtedly make the domestic market price rise.

Not only that, entering the typhoon high-incidence period in September, the arrival of imported resources has also been affected to a certain extent. Since the second half of this year, the domestic primary reservoir is basically in a state of inventory control, even if there are ships arriving, it has not had much impact on the market.

Of course, at present, the overall domestic price is already on the high side, even considering the cost of imports, the current price is also on the high side, the market is not enough room to push. However, the domestic market demand will remain strong, the temperature will fall, or the demand for propane in the north will gradually increase, while the overall domestic supply is difficult to improve significantly for the time being, the domestic propane market support factors are still obvious. Easy to rise or fall will remain the main trend of the propane Market.