China spot LNG delivery price averaged at Yuan 4,194/tonne on June 1, down Yuan 14/t from previous trading day.
Imported LNG ex-terminal price was at Yuan 4,226/t, down Yuan 71/t from previous trading day, with end-users purchasing on demand on easing supply shortage.
LNG sales volume by truck at coastal terminals was 45,717 tonnes on May 31, a decrease of 1.49% from previous trading day. That in East China was 21,147 tonnes, up 0.80%, 12,810 tonnes in South China, up 0.33%, and 10,626 tonnes in North China, down 7.83% from previous trading day, according to OilChem's data.
Domestic LNG ex-work price was at Yuan 3,760/t in North China's Shanxi province, down Yuan 53/t from previous trading day, hit by muted demand, data from OilChem showed.
Xinjiang Guanghui Liquefied Natural Gas Development restarted its 2 million cubic meters per day LNG unit today.
Ningxia Tianlifeng and Ningxia Hongxing closed their LNG units each with capacity of 1 million cubic meters per day, Ningxia Xinkeyuan shut down its 500,000 cubic meters per day LNG unit, and Inner Mongolia Yahai overhauled its 3 million cubic meters per day LNG unit.
Written by Sunny Fang, fss@oilchem.net
Edited by Navy Liu, navy@oilchem.net