Chinese wholesale LNG prices edge down

Twenty plants in Inner Mongolia, Shanxi, Henan, Shaanxi, Gansu, Ningxia and Xinjiang cut their prices by 2.12% on rising output in the northwest Twenty plants in Inner Mongolia, Shanxi, Henan, Shaanxi, Gansu, Ningxia and Xinjiang cut their prices by 2.12% on rising output in the northwest.
By Tang Tian 30 August 2017 0 27370

Wholesale prices for Chinese ex-works LNG edged down to RMB 3,159/t ($9.20/MMBtu) last week. Twenty plants in Inner Mongolia, Shanxi, Henan, Shaanxi, Gansu, Ningxia and Xinjiang cut their asking prices by 2.12% week on week as a result of increasing output in the northwest of the country.

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

Province and region 19-25 August
Lowest Highest
Inner Mongolia 2,800 3,050
Tianjin, Hebei 3,050 3,350
Shanxi 2,950 3,250
Henan 3,200 3,450
Shandong 3,400
Anhui 3,230 3,300
Jiangsu 3,010 3,400
Chongqing 3,100
Sichuan 2,950 3,200
Yunnan
Guizhou 3,200 3,250
Shaanxi...

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