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    Home > Chemicals Industry > Rubber Plastic News > LPG futures hit a new high again!

    LPG futures hit a new high again!

    • Last Update: 2022-08-29
    • Source: Internet
    • Author: User
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    Recently, the international oil price has fallen sharply, and the price of LPG futures has a limited decline and rebounded quickly.
    Yesterday, the price rose by more than 4%, and the price of LPG futures also hit a new high, leading the rise of many crude oil varieties


    .


    At the beginning of this week, LPG did not pull back like other energy chemicals, but broke new highs


    .


    In August, the price of CP hit a new high since the sharp drop in crude oil in 2014.
    The import cost has approached the 5,000 yuan/ton mark, and the supply is still tight.
    The propane inventory has maintained a year-on-year decline of more than 20%


    .


    At present, the overall trend of international crude oil does not have the premise of declining trend.
    As demand enters the peak consumption season in the second half of the year and more PDH units are put into production, high import prices, low propane inventories and increasing demand are still the main driving forces for the LPG market outlook


    .


    Propane prices continue to rise, and the production cost of PDH units continues to rise


    .


    There is still the possibility of propane prices rising further.
    Will the profit of PDH-made polypropylene be cleared this time, or even lose money?

    In such a low period, Donghua Energy, which is taking precautions, has recently launched three special polypropylene materials, master!

    Donghua Energy has successfully produced high-end transparent special material PPR-MT12, and at the same time has launched another high-end transparent special material PPR-MT26, which can be used in household goods and packaging industries that require relatively high transparency, such as finishing Boxes, lunch boxes, microwave products and baby bottles,


    etc.


    In recent years, the production and sales of transparent polypropylene in China have shown a continuous upward trend


    .


    Donghua Energy (Ningbo) New Materials Co.
    , Ltd.
    has successfully developed and produced high-performance impact-resistant polypropylene K8003, which can be widely used in automobiles, home appliances, plastic furniture, daily necessities, turnover boxes and other fields, especially in automobiles, home appliances, modification.
    Application advantages are outstanding


    .


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