China spot LNG delivery price averaged at Yuan 4,311/tonne on March 28, down Yuan 3/t from previous trading day.
Imported LNG ex-terminal price was at Yuan 4,242/tonne, down Yuan 15/t from previous trading day, due to subdued downstream demand.
LNG sales volume by truck at coastal terminals was 50,589 tonnes on March 27, an increase of 5.15% from previous trading day. That in East China was 21,189 tonnes, up 6.21%, 15,582 tonnes in South China, down 0.40%, and 12,075 tonnes in North China, up 11.00% from previous trading day, according to OilChem's data.
Domestic LNG ex-work price was at Yuan 3,775/t in Northwest China's Shaanxi province, up Yuan 17/t from previous trading day, data from OilChem showed, amid fine sales.
Inner Mongolia Huineng Phase II started its 3.6 million cubic meters per day LNG plant today.
Written by Sunny Fang, fss@oilchem.net
Edited by Aggie Hu, huchenying@mysteel.com