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Infographic

Price of China’s domestic LNG slumps by 2.4%

Prices averaged $8.93/MMBtu last week, marking their lowest point since September 2019 Prices averaged $8.93/MMBtu last week, marking their lowest point since September 2019.
By Tang Tian 12 February 2020 Asia Pacific / LNG 0 35017
Chart of ex-works prices of LNG, 3-9 Feb

The average price of LNG produced in China last week declined by 2.41% from the week before, to RMB 3,238 per ton ($8.93/MMBtu). This was the lowest level since the last week of September 2019. Sixty plants across Xinjiang, Shaanxi, Anhui, Henan, Sichuan, Chongqing, Guizhou, Hebei, Shandong, Shanxi, Yunnan, Inner Mongolia, Heilongjiang and Jilin cut their asking prices by an average of 3.76% from the previous week.

Chart of LNG transported...</p>
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