1. Price trend

According to the data monitoring of the business community, the average price of domestic liquefied natural gas on May 8 was 3070 RMB/ton, up 0.66% compared with the beginning of the week, up 0.44% compared with the beginning of the month, and up 5.86% compared with the same period last year.

2. Analysis of influencing factors

End of the May Day holiday, high speed limit for transportation lifted, domestic liquefied natural gas (LNG) market to open up, liquid factory adjust our offer according to shipments, up more than down little, market movements on the whole situation now, May 8, prices continue to rise, daily gain 0.66%, Inner Mongolia, ningxia, shaanxi, shanxi, sichuan, such as much large area increase, The increase is generally concentrated in 20-100 RMB/ton range adjustment, the center of gravity upward. Due to the first row are continuing library operation, the liquid factory inventories generally is not high, coupled with the recent plan to overhaul enterprise increasing, a slight tightening market supply, post-holiday downstream replenishment and other positive factors, atmosphere of the supplier to improve, a price is positive, the price increase of the domestic liquid, import also have gas prices, the market overall upward trend, but the off-season negative restriction, Domestic liquefied natural gas prices continue to rise the driving force is insufficient.

On May 8, the domestic LNG market rebounded and rose, with 2950-3250 RMB / T in Inner Mongolia, 3050-3250 RMB / T in Shaanxi, 3100-3320 RMB / T in Shanxi, 3020-3100 RMB / T in Ningxia, 3450-3490 RMB / T in Henan, 3030-3350 RMB / T in Hebei, and 3300-3450 RMB / T in Sichuan. The liquid prices in various regions generally rose.

Downstream products are mixed:

Methanol, May 8, the factory quotation of methanol enterprises in Shandong Province was increased, and the price of methanol market in southern Shandong Province increased by 10 RMB / ton to 2520-2540 RMB / ton of cash exchange. Linyi receives local goods for negotiation to 2520-2530 RMB / ton to cash exchange, and the price of logistics goods offer to 2470-2480 RMB / ton to cash exchange. The inventory of enterprises is not high and the mentality is strong, but the downstream is mainly executed by contracts. The mainstream price of Shandong methanol North Shandong market is 2470-2490 RMB / ton to cash exchange, and there is no obvious blank list, and the execution contract is the main one. The offer of methanol market in Shandong central Shandong Province is temporarily maintained at 2480-2500 RMB / ton to cash exchange, with a general transaction, and is waiting for a while. 

Liquid ammonia, On May 8, the market of liquid ammonia in Shandong Province was stable, and the market atmosphere was still cold. At present, the inventory pressure of the region's goods source was acceptable, but the region was in the accumulation stage. The quotation of large factories in Shandong Province was stable, and the inventory pressure of manufacturers was general. The mainstream price in this region was 3650-3800 RMB / ton. At present, the production of liquid ammonia by manufacturers in the region is moderate, and the overall inventory pressure in the region has stabilized. It is expected that the price will stabilize shortly.

Dichloromethane, on May 7, the market quotation of methane chloride in Shandong area was adjusted, and the quotation of manufacturers was slightly adjusted. The main factory quotation of dichloromethane was about 3470-3570 RMB / ton, and the main factory quotation of trichloromethane was about 3870-3930 RMB / ton. The market transaction was relatively stable.

3. Future forecast

Liquefied natural gas analysts of SunSirs agency believe that: at present, the inventory of liquid plants is generally not high, coupled with the increase of planned maintenance enterprises shortly, the market supply is slightly tightened, and the downstream replenishment after the festival and other favorable factors, the manufacturers are strongly in the mood of price support and push up. It is expected that the domestic liquefied natural gas market will continue to rise in the short term, but restricted by off-season factors, the driving force for continuous rise is insufficient.

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