×
×
Project Insights

Chinese ex-works LNG prices see small rise in May

The price of China’s domestically produced LNG was up by 1.45% last month compared with April The price of China’s domestically produced LNG was up by 1.45% last month compared with April.
By Tang Tian 5 June 2019 Asia Pacific / LNG 0 34274
Average ex-works price of LNG from Chinese terminals and plants

The average price of LNG produced in China reached RMB 3,715 per ton ($10.38/MMBtu) in May, an increase of 1.45% from April. Softening demand prompted 18 plants to cut their quoted prices by an average of 2.59% month on month, but this was offset by price hikes at 28 plants averaging 6.44%.

Ex-works price of LNG in May

A total of 602 million cubic metres (MMcm) of pipeline gas was...