SunSirs: China Domestic LNG Price Fell slightly on October 8
October 09 2021 14:00:45 Selena (SunSirs)
Latest price (October 8): 5,593.33 RMB/ ton
According to the data monitoring chart of SunSirs, on October 8, the domestic LNG price fell slightly. During the National Day holidays, the logistics was not smooth, some liquid plants were blocked from shipping, and the price was lowered to seek benefits. On October 8, the logistics recovered, but most LNG plants still focused on reducing the price and discharging the warehouse, and the liquid price increased slightly in a few areas due to the improvement of shipping, At present, the price mostly hovers around 5500 RMB/ ton, and the market rises and falls, but the overall operation is weak.
It is expected that China domestic LNG market will still operate weakly in the short term, and the price will be adjusted slightly.
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