China spot LNG delivery price averaged at Yuan 3,955/tonne on June 6, down Yuan 51/t from previous trading day, according to OilChem.
Imported LNG ex-terminal price was at Yuan 4,106/t today, down Yuan 77/t from previous trading day, owing to weak demand, according to OilChem.
LNG sales volume by truck at coastal terminals was 41,874 tonnes on June 5, up 0.25% from the last trading day. That was 18,228 tonnes in East China, up 0.35%, and 12,180 tonnes in South China, down 1.86%, and 10,227 tonnes in North China, up 0.41%, according to OilChem's data.
Domestic LNG wholesale price sustained its downtrend, but plants faced smooth sales, on improved demand and falling supply. Ningxia Tianli Feng Gas Group planned to restart its 1 million cubic meters/day LNG unit today, and Ningxia Hongxing New Energy Development and Ningxia Xinkeyuan Energy Utilization also planned to restart 1 million cubic meters/day LNG unit and 0.5 million cubic meters/day LNG unit, respectively.
Written by Catherine Sun, sss@oilchem.net
Edited by Navy Liu, navy@oilchem.net