SHPGX spot trading of LNG and piped gas slumps

Pipeline gas trading on the exchange fell by 70% in October, while LNG trading dropped by 74% Pipeline gas trading on the exchange fell by 70% in October, while LNG trading dropped by 74%.
By Tang Tian 8 November 2017 0 28284

Chinese wholesale ex-works LNG prices increased by 6.7% month on month in October, to RMB 4,354/t ($12.7/MMBtu), their highest level since January 2015. 

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

Province and region October
Lowest Highest
Inner Mongolia 3,900 4,100
Tianjin 4,350
Hebei 4,350
Henan 4,330 4,850
Hubei
Shanxi 3,900 4,500
Shandong 4,500
Anhui 4,500 4,700
Jiangsu 4,500
Chongqing 4,000 4,500
Sichuan 4,000 4,200
Yunnan 4,200 4,350
Guizhou 4,200 4,350
Shaanxi 4,070 4,250
Gansu 4,000 4,450
Ningxia 4,100 4,500
Qinghai
Xinjiang 2,900 3,200
Jilin 5,000
Liaoning
Heilongjiang 4,300 4,500
Average 4,354
Source: Sublime China Information...

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