Today, the domestic industrial gas market has performed well. With the gradual increase in demand in the downstream market, many industrial gas markets continue to rise steadily. Among them, the liquid argon market in the northern region rose strongly and the price generally rose. The operating rate of air separation units in North China is low, and the supply of liquid argon is insufficient. With the steady increase of downstream demand, the supply of goods in the market is in short supply, and the intention of manufacturers to increase prices is obvious, and the transaction center continues to rise; The demand in Northeast and Northwest China is stable, and the price is steadily rising under the influence of surrounding markets; The downstream market demand in East China and South China has gradually improved, the market support has been continuously strengthened, and the regional liquid argon price has continued to rise. The overall volume of liquid argon in the southwest region is small, and the surrounding sources of goods continue to pour in, and the actual transaction price in the downstream market continues to rise. The atmosphere in central China has improved, the downstream procurement has increased, and the liquid argon trading is good. The atmosphere of the liquid oxygen and liquid nitrogen market is good. The operating rate of the downstream steel and other industries in the northern region has increased. The purchase of liquid oxygen and liquid nitrogen has improved. The market participants have a good attitude, and the transaction prices of liquid oxygen and liquid nitrogen have increased. According to the analysis of [Special Gas Network], with the gradual increase of demand in many downstream industries, the demand for industrial gas products in the future may continue to increase, and the price of industrial gas products may continue to rise.

➤Industry trends

A few days ago, Ningxia Kaitian Gas Development Co., Ltd. announced that it planned to invest in the construction of "Xifeng County Phosphorus Coal Chemical Ecological Industrial Base - Zero Carbon Steam Centralized Supply and Hydrogen Production Project" in Xifeng County, Guiyang City, Guizhou Province, and signed an investment agreement with the Xifeng Economic Development Zone Management Committee on the project.

Recently, Airbus signed a cooperation agreement with CFM International, a joint-stock joint venture of GE and Safran Aircraft Engine, and the two sides will jointly launch a hydrogen demonstration project around 2025.

A few days ago, the Development Company of China Construction Sixth Engineering Bureau successfully won the contract of 2.56 billion yuan for the LNG storage and distribution peak-shaving station project in Heilongjiang Province (the third and fourth bid sections). It is reported that the main construction content of the project is 40000 tons of LNG storage tank, two standard mother stations and 120 sub-storage LNG stations, including pipeline and equipment installation, civil engineering, electrical, water supply and drainage, fire protection, heating, automatic control and other engineering construction.

On February 22, the signing ceremony of the Memorandum of Cooperation between the LNG Terminal Management Company of the National Pipeline Network Group and Shell Energy (China) Co., Ltd. was held in Tianjin Binhai New Area. Shell is the first international large energy company introduced by the National Pipeline Network Group, marking an important step in the fair opening of the LNG terminal of the National Pipeline Network, which is of important milestone significance.

On February 22, the Pipeline Design Institute of China Petroleum Pipeline Engineering Co., Ltd. won the second LNG project, and jointly won the bid with China Tianchen Engineering Co., Ltd. for the second stage detailed design of the Guangxi LNG project of the national pipeline network. The contracting of this project marks a key step forward in the field of LNG detailed design by the design institute. It will have the performance of detailed design of LNG tanks with a volume of 160000 cubic meters and above, laying a solid foundation for the development of the LNG terminal business of the Pipeline Bureau.

It is reported that Sinopec Catalyst (Tianjin) Co., Ltd. held the unveiling ceremony and officially settled in Tianjin Economic and Technological Development Zone. The company is a wholly-owned subsidiary of Sinopec Catalyst Co., Ltd., and will fully guarantee the construction and operation of the catalyst Tianjin new material production base project of Sinopec Catalyst Co., Ltd.

According to World Energy News: India's Ministry of Electricity said that India plans to produce 5 million tons of green hydrogen accumulatively by 2030, aiming to achieve its climate goal and become the production and export center of this fuel.