Commodity News
SunSirs: Views on the Rise and Fall of Liquified Natural Gas (LNG) on October 30
October 30 2019 18:15:35 SunSirs (Selena)
The latest price of LNG (October 30): 3,840 RMB/ ton
Today, the starting price of Northwest raw material gas auction was raised to 1.57 RMB/ m3, with a gas volume of 130 million m3. Compared with the last time, the gas volume was reduced. Driven by the rising cost, the domestic LNG price generally rose, and the prices of several ports followed. With the start of heating in winter, some areas have started to replenish urban gas, and the demand has gradually increased. With the support of multiple advantages, the awareness of price fixing in the upstream of LNG is strong and the trend is strong.
Market Forecast
The LNG market is bullish in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com .
Related Information
- 2024-04-19 SunSirs: Due to the Impact of Imported Gas, China Domestic LNG is Experiencing a Concentrated Increase
- 2024-04-12 SunSirs: China Domestic LNG Prices Rise after the Qingming Festival (April 5-11)
- 2024-04-08 SunSirs: China Domestic LNG Market first Suppressed and then Rose (April 1-7)
- 2024-03-27 SunSirs: China Domestic LNG Market has Stopped Rising and Fallen (March 18-25)
- 2024-03-21 SunSirs: Daily Report of China Commodity Data (March 21, 2024)
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