According to the data of SunSirs, on November 26, the average price of China domestic LNG was 3,390 RMB/ ton, up 1.29% from the previous day, 1.8% higher than the beginning of the week, 3.33% month on month, and 22.37% lower than the same period last year.

Last week, the domestic LNG market gradually improved, showing a mixed market at the beginning of the week. Shanxi led the market. In the middle and later period of the week, the LNG market rose as a whole, up 1.29% on November 26. Shaanxi, Ningxia, Shanxi, Inner Mongolia, Sichuan and other places generally increased, with an increase rate of 50-200 RMB/ ton. The domestic LNG market temporarily stopped falling. Last week's rise was mainly due to the recent sharp drop in temperature, the increase in urban fuel demand, the tight supply of pipeline gas in some areas, and the shutdown of LNG plants in Shaanxi, Shanxi, Inner Mongolia and other areas. The downstream replenishment sentiment increased, the market trading atmosphere improved, and the manufacturers' shipment situation improved. Multiple favorable factors boosted the price of liquefied natural gas. Near the end of the month, the auction of feed gas in the first half of December is imminent, which may continue to favor the upward trend of LNG price. In the short term, China LNG market is relatively strong, and the price is expected to continue to rise.

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