SZ China LPG Prices Daily Alert May 31, 2012

Good morning. According to SZ China LPG Reports, South China LPG held mixture on Thursday. Truck prices stable at a range of Yuan 5,380-6,150/mt. 

On the imported side, Shenzhen Sino-benny stable at Yuan 7,500/mt and real trading prices down Yuan 150/mt to Yuan 6,100/mt. Zhuhai New Ocean stable at Yuan 7,500/mt and real trading prices down Yuan 150/mt to Yuan 6,000/mt.Guangzhou Huakai stable at Yuan 7,600/mt and real trading prices down Yuan 150/mt to Yuan 6,050/mt. Zhuhai Longhua (formerly Zhuhai BP) stable at Yuan 7,000/mt. The imported cargoes in Pearl River Delta areas down to a range of Yuan 5,750-6,150/mt. Chaozhou Ouhua Energy up Yuan 80/mt to Yuan 8,230/mt, with selling prices (for 2:8) stable at Yuan 6,400/mt. 

On the refineries’ side, Guangzhou Petrochemical stable at Yuan 5,830/mt, with selling prices down Yuan 50/mt to Yuan 5,700/mt. Maoming Petrochemical stable at Yuan 5,790/mt. PetroChina Guangxi Qinzhou Refinery up Yuan 20/mt to Yuan 5,440/mt. CNOOC Huizhou Refinery stable at Yuan 5,780/mt. Hainan Refinery stable at Yuan 5,810/mt.

East China LPG market held stable on Thursday. Truck prices stable at Yuan 5,450-6,010/mt. 

Zhenhai Petrochemical stable at Yuan 6,010/mt. Jinling Petrochemical stable at Yuan 5,560/mt. Yangzi Petrochemical stable at Yuan 5,560/mt. Shanghai Petrochemical stable at Yuan 5,600/mt.Gaoqiao Petrochemical stable at Yuan 5,500/mt. Fujian Petrochemical stable at Yuan 5,450/mt. (SZEnergy.biz, Edited by Topco)