China spot LNG delivery price averaged Yuan 4,710/tonne as of July 4, up Yuan 10/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 4,541/t today, up Yuan 4/tonne from the previous trading day, according to OilChem. The prices were little changed today, but the demand remained flat.
LNG sales volume by truck at coastal terminals was 41,706 tonnes on July 3, up 1.48% from the last trading day. In detail, the sales volume was 18,618 tonnes in East China, up 5.09%, 12,579 tonnes in South China, down 6.26%, and 8,379 tonnes in North China, up 4.18%, according to OilChem data.
Domestic LNG prices are expected to remain stable amidst low production and flat demand.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com