On January 15, 2026, Shandong Jincheng Petrochemical Group Co., Ltd. raised its latest liquefied petroleum gas (LPG) quotation by 20 yuan/ton to 4,480 yuan/ton, with a daily production of approximately 200 tons and low inventory levels. PriceSeek analysis of LPG indicates a bullish-bearish score of 1.5. Shandong Jincheng Petrochemical Group Co., Ltd. increased its LPG quotation by 20 yuan/ton to 4,480 yuan/ton on January 15, 2026, with low inventory and a daily production of around 200 tons, indicating tight supply and strong demand, which significantly supports spot prices. Combined with futures market data, LPG futures contracts such as 2604 closed at 4,436 yuan/ton on January 14, 2026, up 66 yuan, with increased open interest, reflecting market expectations of a price rise. The increase in spot prices may further drive futures prices upward, reinforcing bullish sentiment.
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