China spot LNG delivery price averaged Yuan 4,447/tonne as of April 28, up Yuan 18/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 4,269/t today, up Yuan 6/tonne from the previous trading day, according to OilChem. The prices maintained momentum as the supply edged down slightly
LNG sales volume by truck at coastal terminals was 54,957 tonnes on April 27, up 1.83% from the last trading day. In detail, the sales volume was 20,748 tonnes in East China, up 1.86%, 18,102 tonnes in South China, down 2.27%, and 14,532 tonnes in North China, up 8.63%, according to OilChem data.
Domestic LNG prices are projected to rise with market players staying optimistic as the starting price of new round of feed gas auction was higher than the last round.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com