China spot LNG delivery price averaged Yuan 4,313/tonne as of March 29, up Yuan 2/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 4,242/t today, flat from the previous trading day, according to OilChem. The prices were little changed as the fundamentals were relatively stable.
LNG sales volume by truck at coastal terminals was 52,731 tonnes on March 28, up 3.59% from the last trading day. In detail, the sales volume was 21,630 tonnes in East China, up 2.08%, 16,632 tonnes in South China, up 4.62%, and 12,878 tonnes in North China, up 7.48%, according to OilChem data.
Domestic LNG prices are projected to inch up after the last round of feed gas auction, which showed rising bids.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com