China spot LNG delivery price averaged Yuan 5,186/tonne as of October 14, up Yuan 20/tonne from the previous trading day, according to OilChem.
Imported LNG ex-terminal prices stood at Yuan 5,228/tonne today, up Yuan 3/tonne from the previous trading day, according to OilChem. The prices moved rangebound and the downstream demand was flat.
LNG sales volume by truck at coastal terminals was 37,212 tonnes on October 13, down 4.47% from the last trading day. In detail, the sales volume was 15,057 tonnes in East China, down 3.89%, 11,130 tonnes in South China, down 0.19%, and 9,891 tonnes in North China, down 7.10%, according to OilChem data.
Domestic LNG prices are expected to fall as the feed gas auction prices on October 13 were relatively low.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com