Pipeline trading surges while LNG slumps on SHPGX

Pipeline trades on the Shanghai Petroleum and Gas Exchange hit 261 MMcm last week, surging from 105 MMcm the week before Pipeline trades on the Shanghai Petroleum and Gas Exchange hit 261 MMcm last week, surging from 105 MMcm the week before.
By Tang Tian 1 November 2017 0 28193

Chinese wholesale LNG prices increased by 2.83% week on week last week, to RMB 4,464 per ton ($12.96/MMBtu). Strong demand saw 47 plants raise their asking prices by an average of 4.46% from the previous week.

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

Province and region 21-27 October
Lowest Highest
Inner Mongolia 3,900 4,250
Tianjin 4,600 4,700
Hebei 4,600 4,700
Shanxi 4,300 4,800
Henan 4,600 4,930
Shandong 4,800
Anhui 4,500 4,700
Jiangsu 4,500 4,800
Chongqing 4,000 4,200
Sichuan 4,000 4,200
Yunnan
Guizhou 4,200 4,350
Shaanxi 4,180 4,400
Gansu 4,250 4,450
Ningxia 4,200 4,250
Qinghai
Xinjiang 3,100 3,200
Jilin...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up