Commodity News
SunSirs: Recently, the Price of Domestic LNG Market Continues to Fall
May 09 2023 14:40:08
Latest price of liquefied natural gas (5-8): 4048 RMB/ton, bearish in the future.
Analysis point: On May 8th, the price decreased by 6.12% compared to the previous trading day. Recently, the domestic liquefied natural gas market has been weak and prices have continued to decline. At present, the market has sufficient supply, but the downstream replenishment situation is average, and the market trading atmosphere is light. A new round of bidding for raw gas is imminent, triggering a wait-and-see sentiment in the industry.
Aftermarket forecast: It is expected that the domestic market will be weak and operate 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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