SunSirs--China Commodity Data Group

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SunSirs: Limited Upside Space for LNG in the Future

February 17 2023 09:19:07     

Latest price of liquefied natural gas (February 15): 5952 RMB/ton

Key points of analysis: the domestic cold air has dissipated, and the temperature has begun to rise gradually. The air influence factor weakened and the liquid price began to rise. Transaction prices in many places in China began to rise, and some regions remained on the sidelines. The LNG price at the terminal rose slightly.

Aftermarket forecast: the auction of feed gas is imminent this Friday, and the industry still remains wait-and-see oriented, with limited upside space in the future.

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

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