Lpg is liquefied petroleum gas, which belongs to the petroleum sector. Its trend fluctuates with oil, but it has its own character. It often follows its own disk surface, with few gaps, unlike asphalt, which always follows oil.

Therefore, everyone will not have much problem in doing band and midline under this trend. Recently, the oil rebound has increased greatly, and the overall rebound of the oil sector has been great. The weighted trend of crude oil increased by 15% from the bottom of 65438+February 2nd to the highest, and the weighted trend of fuel oil increased by 17% from the bottom of 65438+February 2nd to the highest.

Plate's own profitability:

Wanhua Petrochemical Plate, which has been put into production at present, is the first phase of C3/C4 industrial chain, starting from propane dehydrogenation to propylene. Wanhua uses PDH equipment.

The raw materials and products are simple, the required equipment investment is low, and the raw material propane is rich and cheap. Looking at the extended cycle, the price difference between propane and propylene has remained at $300/ton for a long time, and the profit is good.

The second phase of C2 ethylene industrial chain will be put into production soon. Wanhua chooses light hydrocarbon cracking as the route, with propane as the main raw material and a small amount of ethane as the first petrochemical product. Its advantages are low cost, rich products in propane cracking route, and effective cooperation with polyurethane board. It is estimated that the annual profit will increase by 2 billion after it is fully put into production.