Chinese wholesale LNG prices climb by 4%

Chinese wholesale LNG prices averaged RMB 3,297/t last week, up by 4.03% from the previous week
By Tang Tian 8 March 2017

Chinese wholesale LNG prices averaged RMB 3,297/t ($9.23/MMBtu) last week, up by 4.03% from the previous week. Guanghui Energy resumed production at its complex in Hami in western Xinjiang following a fire last month, but output was low. Thirty-six plants in Inner Mongolia, Ningxia, Gansu, Shaanxi, Jiangsu, Shandong, Hunan, Henan, Shanxi and Hebei hiked their asking prices by 10.1% week on week. 

Ex-works prices of LNG in selected areas, (RMB/t)

Province and region 25 Feb-3 Mar
Lowest Highest
Inner Mongolia 3,000 3,250
Tianjin, Hebei 3,400 3,700
Shanxi 3,300 3,480
Henan...

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