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Markets & Forecasts

Chinese LNG prices hold steady

The average price for China’s domestically produced LNG last week was close to where it was the previous week, at $8.81/MMBtu The average price for China’s domestically produced LNG last week was close to where it was the previous week, at $8.81/MMBtu
By Tang Tian 11 September 2019 Asia Pacific / LNG 0 34564
Chart showing Chinese ex works LNG prices by region

The average price of ex-works LNG produced in China reached RMB 3,253 per ton ($8.81/MMBtu) last week, largely unchanged from the previous week. Last week’s lower output led 24 plants in Inner Mongolia, Hebei, Shandong, Ningxia, Shaanxi and Guizhou to raise their prices by an average of 1.91% from the previous week.

Chart showing shipping rates for Chinese trucked LNG

Pipeline gas transactions on the Shanghai and Chongqing petroleum and gas...