China spot LNG delivery price averaged at Yuan 4,006/tonne on June 5, down Yuan 145/t from previous trading day.
Imported LNG ex-terminal price was at Yuan 4,183/t, down Yuan 40/t from previous trading day, due to reducing procurement from city gas enterprises.
LNG sales volume by truck at coastal terminals was 41,769 tonnes on June 4, an increase of 1.79% from previous trading day. That in East China was 18,165 tonnes, down 1.93%, 12,411 tonnes in South China, up 2.78%, and 10,185 tonnes in North China, up 10.23% from previous trading day, according to OilChem's data.
Domestic LNG ex-work price was at Yuan 3,513/t in Northwest China's Shaanxi province, down Yuan 135/t from previous trading day, hit by worse sales amid increasing plant inventory, data from OilChem showed.
Ningxia Tianlifeng's 1 million cubic meters per day LNG unit, Hongxing's 1 million cubic meters per day unit, and Xinkeyuan's 500,000 cubic meters per day unit were expected to resume production tomorrow.
Written by Sunny Fang, fss@oilchem.net
Edited by Navy Liu, navy@oilchem.net