China spot LNG delivery price averaged Yuan 4,197/tonne as of April 17, up Yuan 12/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 3,953/t today, down Yuan 6/tonne from the previous trading day, according to OilChem. The prices were down as the demand did not show signs of improving.
Domestic LNG prices are projected to maintain momentum as the rising prices prompted the downstream players to stockpile.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com