SunSirs: The Domestic LNG Market Continues to Weaken
March 15 2023 10:12:36
Latest price of liquefied natural gas (March 13): 4646 yuan/ton
Key points of analysis: the price on the 13th fell by 7.89% compared with the previous trading day. Recently, the domestic LNG market has continued to weaken. The price of feed gas was reduced, and the upstream price reduction mentality was strong, and the liquid plant reduced the price and discharged the stock. The market demand is sluggish, and the situation of oversupply is increasing. The important meeting is coming to an end, and the downstream demand for industrial recovery will increase.
Future forecast: It is expected that the decline of LNG will be delayed in the short term, and consolidation operation will be the main trend.
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