LNG

Winter storage builds drive China’s ex-works LNG prices

Strong storage demand pushed up Chinese ex-works LNG prices by 7.04% last week compared with the previous week Strong storage demand pushed up Chinese ex-works LNG prices by 7.04% last week compared with the previous week.
By Tang Tian 26 September 2018 0 32679
Price of ex-works LNG in Chinese provinces, 17-23 September

The average price for ex-works LNG in China increased by 7.04% last week from the previous week, to RMB 4,334/t ($12.20/MMBtu). Strong demand driven by winter storage builds led 63 plants to raise their asking prices by 8.97% from the previous week. 

Prices for LNG transported via LNG- and diesel-fuelled trucks over various distances in China.

The rates for shipping LNG via diesel- or LNG-fuelled trucks ranged from RMB 0.60-1.00/km/t for distances...