China spot LNG delivery price averaged Yuan 4,201/tonne as of April 11, down Yuan 7/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 3,996/t today, down Yuan 52/tonne from the previous trading day, according to OilChem. The prices were down primarily because the terminals in East China lowered the prices.
LNG sales volume by truck at coastal terminals was 55,524 tonnes on April 10, up 3.04% from the last trading day. In detail, the sales volume was 21,210 tonnes in East China, up 8.84%, 19,089 tonnes in South China, down 0.22%, and 13,146 tonnes in North China, down 0.48%, according to OilChem data.
Domestic LNG prices are projected to fall further with downstream players less active in purchasing.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com