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Shandong residential LPG market sees downturn on abundant supply

Beijing (JLC), September 8, 2020--Residential LPG prices in Shandong province have been a slight downtrend lately, as supply is abundant and demand is yet to grow.

09-08-2020 17:50:09

Shandong feed gas-residential gas spread may enlarge

Beijing (JLC), June 8, 2020--The spread between feed gas and residential gas prices in Shandong may enlarge in June

06-08-2020 14:25:45

Shandong residential LPG prices fall on weak demand

Residential LPG prices saw sharp declines at Shandong-based independent refineries recently, JLC data shows, despite upward global crude oil market and the expected higher CP for March

02-21-2019 17:26:50

Residential LPG market likely to weaken

China domestic residential LPG market is expected to fall in the week over January 11-17, due to downstream wait-and-see sentiments and ample imports

01-14-2019 18:25:24

NE China residential LPG market stable

Residential LPG prices were stable overall in northeast China and feed gas prices edged up amid stable demand on September 11.

09-11-2018 16:16:43

North China residential LPG prices rise despite off season

Residential LPG prices kept rising since July, mainly due to almost unchanged CP and higher import cost.

07-19-2018 17:46:02

Residential LPG prices surge despite off-season

LPG prices in the north showed an upward trend overall since April, as shown in the following chart. With a year-on-year increase of 400-500, LPG price index in North China as of May 22nd has soared 600-700 from the beginning of April.

05-23-2018 10:00:16

Residential LPG price in North China likely to rise

Residential LPG price is likely to rise after the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC), as industrial demand would climb.

03-19-2018 10:24:17

Natural gas and LPG price comparison for residential use and industrial use

On November 10th, JYD Information held the 2016 8th China Petrochemical Annual Conference and JYD Petrochemical Market Trend Release Conference with over 1,300 guests coming from far way. Many experts were invited to discuss domestic gas industry in details.

11-11-2016 16:06:55

Price spread between residential LPG and etherified LPG breaks CNY1,000/mt

Since early August, supply volume of etherified LPG from East China declined due to units maintenance. At the time, international crude price soared periodically, stimulating domestic refined oil market. Although crude price stopped rising and fell, price of etherified LPG grew all the way.

09-05-2016 17:34:14

Prices of residential gas and crude oil move oppositely

Price of residential gas in south China drops again and again; that in north China still kept sluggish stably. Residential gas market fails to rebound no matter how well the crude oil market develops.

05-31-2016 10:23:16

China residential LPG social inventory of this week

With the increase of temperature, more pressure is to put on residential LPG factories. About 30-50% inventory was left in north China to the end of this week.

05-29-2015 11:02:06

Residential gas demand in Shandong will slightly shrink in June

With temperature rising steadily, residential gas producers increasingly estimate that price will hit the bottom. Therefore, quite a lot of gas stations might wait for this bottom price. However, residential gas price would not fall to the bottom price in Shandong this year.

05-28-2015 09:16:22

Alkylation boom turns residential gas into a sweet pastry

Since 2015, with the gradually commission of alkylation units including iso-butane dehydrogenation and n-butane isomerization, alkane components contained in residential gas have been utilized to a much deeper degree.

05-22-2015 15:35:56

Residential LPG transaction to remain at a low level

Based on the big fall of crude price, the higher temperature in south China and incoming imported coastal cargoes, domestic LPG prices seem to turn weak in a short term. Though refineries in Yangtze River area have no pressure on inventory, downstream is negative to purchase.

04-24-2015 16:18:20

Divergence between residential and feed gas prices

On April 21st, WTI fell by $1.12/bbl to $55.26/bbl, leaving a sharp drop in international crude futures price.

04-24-2015 14:12:42

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