LNG prices in northern China have fallen from record highs reached two weeks ago following the easing of a gas supply crunch caused by a sharp spike in demand in a tight market.
End-user prices for LNG delivered to Beijing fell to RMB 6,500-7,500 per ton ($19.3-22.3/MMBtu) between 30 December and 5 January from record highs of RMB 11,500-14,000/t over 16-22 December, according to industry consultancy SCI International.
Prices fell from RMB 10,500-11,000/t to RMB 6,000-7,000/t over the same period in neighbouring Tianjin, and from RMB 10,800-11,300/t to...
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