LNG

Chinese ex-works LNG price up by 2.1% week on week

Ex-works prices averaged $12.5/MMBtu last week, with 41 plants raising their quoted prices by an average of 2.4% Ex-works prices averaged $12.5/MMBtu last week, with 41 plants raising their quoted prices by an average of 2.4%
By Tang Tian 28 November 2018 0 33473

The average price for ex-works LNG in China was up by 2.1% last week from the previous week, to RMB 4,493 per ton ($12.5/MMBtu). Forty-one plants in Inner Mongolia, Shanxi, Jiangsu, Henan, Ningxia, Shaanxi, Xinjiang and Guizhou raised their quoted prices by an average of 2.4%.

Chart showing Chinese ex-works LNG prices

Rates for transporting LNG by truck in different Chinese regions ranged from RMB 0.70-1.25/km/t for deliveries within 500km and RMB 0.55-RMB 0.80/km/t for beyond 500 km.

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