Wholesale LNG prices in China fell by 2.12% in March compared with February, to RMB 3,272 per ton ($9.17/MMBtu). Forty-one plants in Inner Mongolia, Xinjiang, Ningxia, Shaanxi, Sichuan, Jiangsu, Shandong, Henan, Shanxi and Hebei cut prices by an average of 5.1% month on month as a result of softening demand after northern Chinese cities switched off district heating in mid-March.
Ex-works prices of LNG in selected areas (RMB/t)
|Province and region||March|
Piped gas transactions on the...