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Infographic

China’s domestic LNG price drops 8.3%

The wholesale price of China’s LNG fell to $10.56/MMBtu last week as plentiful supplies pushed prices down The wholesale price of China’s LNG fell to $10.56/MMBtu last week as plentiful supplies pushed prices down.
By Tang Tian 20 November 2019 Asia Pacific / LNG 0 34799
Chart showing ex-works prices of LNG in Chinese regions, 11-17 November

The wholesale price of domestically produced LNG in China fell by 8.29% last week compared with the previous week, to an average of RMB 3,838 per ton ($10.56/MMBtu). Plentiful supply made 75 plants in Chongqing, Sichuan, Xinjiang, Shaanxi, Ningxia, Gansu, Henan, Shanxi, Inner Mongolia, Hebei and Heilongjiang cut their asking prices by an average of 3.06% week on week to increase sales.

Chart showing price of trucked LNG...</p>
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