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SunSirs: Domestic LNG Prices Were Temporarily Stable on May 25
May 26 2022 14:01:38SunSirs(John)

Price trend

On May 25, the average domestic LNG market price was 6,666 RMB/ton, the same as the previous day and a year-on-year increase of 91.92%.

Analysis review

At present, LNG plants in some areas are under maintenance, and the supply side is good. Manufacturers wait and see and support the price, the market is generally stable. However, the demand in the off-season continues to weaken, the downstream users' ability to buy goods is average, the domestic LNG market is running weakly, and the overall transaction atmosphere in the market is still light.

Market outlook

It is expected that the domestic LNG market will remain stable and weak in the short term.

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