China's propane import and export volume and market analysis in the first half of 2015

wallpapers Industry 2020-12-09
According to

customs statistics, China imported 593700 tons of propane in May 2015, down 25.55% month on month and 12.57% year-on-year. In May, China's propane imports were still dominated by Middle East resources, with the United States accounting for 33.18% Compared with the first half of 2014, the import volume of

increased sharply in the first half of 2015. The vigorous development of propane dehydrogenation directly stimulated the import of propane. However, according to the operating rate and production capacity of propane dehydrogenation, the actual import of propane into the deep processing channel was 2.1 million tons, accounting for 44% of the total import volume, and the rest entered the civil market.

by observing the trend chart of import volume in 2014, we can see that June to August is a period of relatively low import volume. According to the light and peak season of propane sales, due to the high pressure of propane in summer, the terminal's popularity decreased, resulting in a sharp decline in the use of propane in summer. As the weather turns cool in September, propane import volume increases again.

and

are estimated from the inertia of previous years that the import volume of propane in the second half of 2015 will turn from low to high, and the average import volume will still be higher than that in 2014. Although the industrial use of propane dehydrogenation is increasing, the import volume is also increasing. Therefore, the domestic circulation of imported propane will not decrease, but there is still a small increase expected. The summer of

and

is a period of declining import volume and domestic price. The main trend of

and

in the first half of 2014 and the first half of 2015 is relatively consistent, but the price gap between them is relatively large. The overall price in 2015 is nearly 2500 yuan / t lower than that in 2014, which is mainly caused by the sharp drop of crude oil, and the small rebound in the first half of 2015 is also affected by the low rebound of crude oil.

and

are expected to show a trend of low opening and high walking in the second half of the year, but the price is difficult to break through the price of the same period in 2014. From the perspective of crude oil, the aftereffect of crude oil breaking through 80 yuan / ton is limited, so the support of crude oil for propane is limited, and the future price of propane still needs to be supported by basic demand; from the basic point of view, winter is the peak season of propane consumption, and after the downturn period from July to September, the average price of propane is expected to exceed 4500 yuan / ton in spring.


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