Podcast - China LNG market weekly takeaway: prices rise further as high costs curb demand

China's LNG prices extended their gains last week as lower domestic production, fewer import arrivals and reduced truck-loading volumes at receiving terminals tightened supply to China's LNG market.

But high prices are already weighing on industrial and transport demand, while rising feedstock gas costs are putting LNG plant profitability under greater strain.

Key takeaways:

Lower domestic production and reduced terminal sales pushed China's LNG prices higher, with average ex-plant prices rising above 7,000 yuan per tonne.
High LNG prices weakened industrial and transport demand, while higher feedstock gas costs further squeezed plant profits.
Supply is expected to recover as terminal inventories rise and feedstock gas availability improves, putting downward pressure on LNG prices in the coming week.

For the full analysis and data behind today's discussion, contact us at inquiries@mysteel.com for a trial read of the latest China LNG Market Weekly Report by Mysteel OilChem.

For more market intelligence on China's LNG market, including supply-demand dynamics, pricing trends, and industry developments, visit mysteel.net.

Listen to the full episode on Spotify now: https://open.spotify.com/episode/2C6MZaR3AsKrEOyVsXrwzn?si=oWgREyh8ROGyWo0LUtJfbA