The propane commodity index on September 9 was 90.29, which was the same as yesterday. It was down by 25.87% from the highest point of 121.80 points (2012-03-23) in the cycle, which was 91.05% higher than the lowest point of 47.26 on August 07, 2016. (Note: Period refers to 2011-09-01 to date)

Products: The domestic propane market is still dominated by steady and high prices on the weekend. The liquefied gas is strong and supported. The downstream market is enthusiasm, but as the price climbs, some high-priced resources are slightly inferior. Today’s market gains have narrowed. . But overall, the domestic propane market is still strong. In addition, the weather has turned cooler, the market demand has increased, and the factory inventory is currently worry-free, forming support for the market.

Industry chain: Upstream: The market for liquefied petroleum gas has stabilized today, with small adjustments and trading, and the downstream is still dominated by wait-and-see, but the main price is high and the external trend is good. Downstream: Today, the domestic propylene market price is stable and small, and the northeast market and Shandong high-end callback 50 yuan / ton.

The market outlook: Today, the propane market is stable and small, the downstream receiving atmosphere is still acceptable, the overall pressure of the manufacturers is not large, and the price is expected to stabilize mainly tomorrow.