On February 9, Shandong Huifeng Petrochemical Co., Ltd. raised its latest liquefied petroleum gas (LPG) price by 60 yuan per ton to 4,300 yuan per ton. PriceSeek's analysis of LPG indicates a bullish-bearish score of +1.5. The report highlights that the increase in Shandong Huifeng Petrochemical's spot LPG price by 60 yuan per ton to 4,300 yuan per ton suggests tight supply or increased demand in the spot market, directly benefiting spot prices. Combined with data from the Dalian Commodity Exchange LPG futures (such as the 2604 contract closing at 4,561 yuan per ton, up 29 yuan, and the 2605 contract closing at 4,470 yuan per ton, up 32 yuan), the recent widespread rise in near-month contracts indicates that the spot price increase may reinforce market bullish expectations and drive further upward movement in futures prices. The overall score of +1.5 reflects a significant positive impact.
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