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Infographic

China LNG price up 13.2% in advance of heating season

The price of LNG produced in China rose to an average of $10.34/MMBtu last week after 85 plants in various provinces hiked prices The price of LNG produced in China rose to an average of $10.34/MMBtu last week after 85 plants in various provinces hiked prices.
By Tang Tian 23 October 2019 Asia Pacific / LNG 0 34704
Chart showing ex-works prices of LNG in China in various regions, 14-20 October

The average price of LNG produced in China climbed to RMB 3,789 per ton ($10.34/MMBtu) last week, up by 13.2% from the previous week. Stronger demand in advance of the start of the heating season next month prompted 85 plants in Chongqing, Sichuan, Guizhou, Xinjiang, Shaanxi, Ningxia, Gansu, Hubei, Henan, Shandong, Shanxi, Hebei, Jilin, Heilongjiang and Inner Mongolia to raise their asking prices by an average of 14.3% from...