China spot LNG delivery price averaged Yuan 5,438/tonne as of September 12, down Yuan 12/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 5,271/t today, down Yuan 12/tonne from the previous trading day, according to OilChem. The prices were down amidst rising supply.
Domestic LNG prices are expected to stabilize with flat sales of downstream gas stations.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com