China spot LNG delivery price averaged at Yuan 4,481/tonne on May 8, up Yuan 16/t from previous trading day.
Imported LNG ex-terminal price was at Yuan 4,243/tonne, up Yuan 5/t from previous trading day, despite weak demand.
LNG sales volume by truck at coastal terminals was 53,298 tonnes on May 7, an increase of 6.59% from previous trading day. That in East China was 20,601 tonnes, up 7.80%, 17,388 tonnes in South China, up 5.48%, and 13,629 tonnes in North China, up 7.27% from previous trading day, according to OilChem's data.
Domestic LNG ex-work price was at Yuan 4,418/t in Northwest China's Shaanxi province, remaining flat from previous trading day, data from OilChem showed, amid increasing inventory.
Written by Sunny Fang, fss@oilchem.net
Edited by Aggie Hu, huchenying@mysteel.com