Chinese wholesale LNG prices edged down by 0.44% last week from a week earlier, to RMB 3,099/t ($8.59/MMBtu). Plants in north and northwest China had excess inventory after the transport of chemical goods along highways was banned during the 1 May Labour Day public holiday. Fifteen plants in Inner Mongolia, Ningxia, Shaanxi, Sichuan, Henan, Shanxi and Hebei cut asking prices by an average of 2.57% from the previous week.
Ex-works prices of LNG in selected areas, (RMB/t)
|Province and region||29 April-5 May|