Chinese trucked LNG prices slip as summer nears end

Terminals reduced their prices for trucked LNG in July in anticipation of weakening demand for gas-fired power as summer heatwaves end Terminals reduced their prices for trucked LNG in July in anticipation of weakening demand for gas-fired power as summer heatwaves end.
By Tang Tian 8 August 2017 0 27091

The Dapeng, Rudong, Ningbo, Zhuhai, Tianjin, Qidong and Beihai terminals have reduced their prices for trucked LNG by an average of 8.7% in August from July in anticipation of weakening demand for gas-fired power generation as the summer heatwaves end. 

Trucked LNG prices at selected terminals, RMB/ton

Terminal Province July August
Putian Fujian 3,050 3,050
Dapeng Guangdong 3,550 3,050
Rudong Jiangsu 3,800 3,200
Yuedong Guangdong 2,900 2,900
Ningbo Zhejiang 3,250 3,140
Dongguan Guangdong 3,450 3,600
Zhuhai Guangdong 3,250 3,050
Tianjin Tianjin 3,450 3,400
Tangshan Hebei 3,035
Qidong Jiangsu 3,150 3,050
Beihai Guangxi 3,500 2,900
Dalian Liaoning 3,050 3,050
Qingdao Shandong 3,275 3,375
Source: Sublime China Information

Purchasing prices of trucked LNG in regions

  June July
  lowest highest lowest highest
Shandong 3,300 3,650 3,400 3,700
Shanghai 3,400 3,600 3,200 3,300
Jiangsu 3,160 3,450 3,150 3,600
Zhejiang 3,350 3,550 3,350 3,550
Jiangxi 3,650 3,800 3,400 3,700
Hunan 3,500 3,700 3,300 3,600
Hubei 3,450 3,750 3,450 3,750
Henan 3,200 3,300 3,350 3,400
Guangdong 3,300 3,550 3,050 3,600
Guangxi 3,550 3,800 3,450 3,750
Guizhou 3,550 3,800 3,500 3,800
Yunnan 3,700 4,000 3,650 4,000
Fujian 3,450 3,700 3,450 3,700
Liaoning 3,350 3,750 3,350 3,750
Jilin 3,700 3,850 3,700 3,850
Hebei 3,150 3,350 3,270 3,530
Beijing 3,250 3,450 3,400 3,450
Tianjin 3,200 3,350 3,450 3,500
Source: Sublime...

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