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SunSirs: Domestic LNG Prices Edged Up on April 8
April 11 2022 11:08:36SunSirs(John)

The latest price (April 8): 7,216 RMB/ton.

Analysis review

On April 8, the average domestic LNG market price was 7,216 RMB/ton, an increase of 0.31% from the previous day and a year-on-year increase of 109.16%. On April 8, the bidding of raw gas ended, the final price was 4.32-4.45 RMB/m3, down 0.03 RMB/m3 from the previous issue, and the transaction volume was 20 million m3. The bidding boosted the price in some areas, but the cost price was lowered. In addition to the impact of the current public health incident, the logistics is still not smooth, and the heating period is over, the demand side continues to weaken, and the domestic LNG price generally stabilizes.

Market outlook

It is expected that the domestic LNG market will be stable with some decline in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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