Low stockpiles raise Chinese ex-works LNG prices

Chinese ex-works LNG prices averaged RMB 3,080/t last week, up by 0.78% from the previous week as low stockpiles led 25 plants to raise prices
By Tang Tian 12 July 2017

Chinese ex-works LNG prices averaged RMB 3,080/t ($8.74/MMBtu) last week, up by 0.78% from the previous week. Low stockpiles led 25 plants across Shanxi, Henan, Shaanxi, Jiangsu, Hebei and Inner Mongolia to raise prices by 3.03%.

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

Province and region 1-7 July
Lowest Highest
Inner Mongolia 2,600 3,000
Tianjin, Hebei 2,900 3,070
Shanxi 2,800 3,150
Henan 3,130 3,410
Shandong 3,250
Anhui 3,150 3,300
Jiangsu 3,010 3,250
Chongqing 3,100
Sichuan 2,980 3,400
Yunnan
Shaanxi 2,800 2,950
Gansu 3,050 -
Ningxia 2,700 2,820
Qinghai
Xinjiang 2,050 2,700
Jilin 3,200 3,600
Liaoning
...

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