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Project Insights

Chinese wholesale LNG prices rise by 1.4%

The average ex-works price of LNG from Chinese wholesalers edged up to RMB 5,275/t last week The average ex-works price of LNG from Chinese wholesalers edged up to RMB 5,275/t last week.
By Tang Tian 3 January 2019 Asia Pacific / LNG 0 33798

The average ex-works price for LNG from Chinese wholesalers edged up by 1.4% last week from the previous week, to RMB 5,275 per ton ($14.81/MMBtu). Nine plants in Hebei, Heilongjiang, Inner Mongolia, Ningxia and Sichuan increased their asking prices by an average of 1.46%.

Chart showing Chinese ex-works LNG prices

Rates for transporting LNG via diesel- and LNG-fuelled trucks ranged from RMB 0.70-1.50/km/t for deliveries within 500 km to RMB 0.55-0.80/km/t for beyond 500 km.

Chart showing Chinese trucked LNG...</p>
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