【LPG深加工：上下游走势分化 利润持续承压】金十期货3月12日讯，2月LPG原料价格走强，而下游调油端及化工品多震荡回落，成本传导不畅挤压利润，装置开工率普降。3月原料端维持偏强预期，醚后碳四供应趋紧，丙丁烷或延续区间震荡；下游受国际油价偏弱及化工品产能扩张压制，复苏乏力，价格弹性受限。产业链整体延续成本传导压力，预计部分深加工装置开工负荷进一步下滑，叠加原料成本高企与终端需求疲弱，多数深加工环节利润空间或持续收窄。
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