China spot LNG delivery price averaged at Yuan 4,452/tonne on May 6, down Yuan 45/t from previous trading day.
Imported LNG ex-terminal price was at Yuan 4,244/tonne, down Yuan 12/t from previous trading day, due to increasing imported LNG arrivals.
LNG sales volume by truck at coastal terminals was 45,549 tonnes on May 5, an increase of 5.75% from previous trading day. That in East China was 16,212 tonnes, up 7.97%, 16,233 tonnes in South China, up 1.44%, and 11,802 tonnes in North China, up 9.77% from previous trading day, according to OilChem's data.
Domestic LNG ex-work price was at Yuan 4,365/t in Northwest China's Shaanxi province, up Yuan 24/t from previous trading day, data from OilChem showed, due to lowering production and rising feed gas prices.
Inner Mongolia Wanrui's Phase III project began to sell goods today, which increased the production capacity by 1 million cubic meters per day.
Written by Sunny Fang, fss@oilchem.net
Edited by Aggie Hu, huchenying@mysteel.com