China spot LNG delivery price averaged Yuan 5,387/tonne as of January 30, up Yuan 86/t from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 4,928/t today, up Yuan 8/t from the previous trading day, according to OilChem. The prices rose modestly due to sufficient supply and flowing in of low-priced sources.
LNG sales volume by truck at coastal terminals was 45,003 tonnes on January 29, up 0.05% from the last trading day. In detail, the sales volume was 17,850 tonnes in East China, down 1.62%, 10,794 tonnes in South China, down 0.96%, and 15,519 tonnes in North China, up 4.23%, according to OilChem's data.
Domestic LNG prices went up as the end-market demand was stable, and the downstream players stockpiled appropriately on the forecast of snowy weather tomorrow.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com