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Daily: China LNG prices down on sluggish demand

Source: Mysteel Dec 27, 2023 16:42
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Natural Gas Industry

China spot LNG delivery price averaged at Yuan 6,140/tonne on December 27, down Yuan 10/t from previous trading day.


Imported LNG ex-terminal price was at Yuan 6,193/tonne, down Yuan 6/t from previous trading day, weighed down by falling demand.


LNG sales volume by truck at coastal terminals was 37,737 tonnes on December 26, a decrease of 7.32% from previous trading day. That in East China was 16,632 tonnes, down 10.51%, 10,416 tonnes in South China, up 2.48%, and 9,954 tonnes in North China, down 11.57% from previous trading day, according to OilChem's data.


Domestic LNG ex-work price was dropped Yuan 5/t from previous trading day to Yuan 5,812/t, data from OilChem showed, on the back of waning demand.


Written by Sunny Fang, fss@oilchem.net  
Edited by Aggie Hu, huchenying@mysteel.com 

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