On January 22, the domestic LNG market fell. According to the data monitoring of SunSirs, the average price of domestic LNG on January 22 was 4,556.67 RMB/ ton, up 47.47% compared with the same period last year.

In 2021, the domestic LNG market is still rising. In the second half of January, the market ushers in an inflection point. The market is rational, and the high price continues to decline. The price of liquid in many places has been reduced intensively, and the price is generally around 4,500 RMB/ ton. Recently, the temperature is higher than before. At the same time, some areas have been shut down due to repeated public health incidents, and the support of demand side has begun to decline. In addition, the price of LNG remained high in the early stage, the lower reaches had strong resistance, the manufacturers had some pressure to ship, the overall transaction atmosphere of the market began to fade, and the high price fell.

At present, the price rebound of methanol market is small, the downstream acceptance intention is not strong, and the futures fluctuate in a narrow range. SunSirs methanol analysts expect short-term domestic methanol market consolidation operation. The liquid ammonia market basically ended the short correction last week, and the prices in Hebei and Shandong increased at the beginning of the week. According to the monitoring of SunSirs, the mainstream quotation in Shandong was 3,200-3,300 RMB/ ton, with an increase of about 100 RMB/ ton, and a decrease of 0.75% according to the monitoring of SunSirs. In the future, it is believed that it is less likely that the liquid ammonia market will continue to push up before the Spring Festival, and mainly fluctuates in a narrow range. On January 22, the market price of methane chloride in Shandong was temporarily stable. The mainstream quotation of dichloromethane market was 3,650-3,750 RMB/ ton, and the mainstream quotation of trichloromethane market was about 2,900 RMB/ ton. It is expected that the market price will fluctuate in the short term.

SunSirs LNG analysts believe that: Recently, cold weather has been temporarily withdrawn. Meanwhile, some downstream enterprises have stopped production due to repeated public health incidents in some areas, and the support of demand side has begun to decline. In addition, the LNG price remains high in the early stage, and the downstream has strong resistance psychology. Manufacturers are under certain pressure to deliver goods. The overall transaction atmosphere of the market has begun to fade, and the high liquid price has fallen due to the superposition of bad news. It is expected that China LNG market will weaken in the short term and the price may continue to decline.

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