Commodity News
SunSirs: Domestic LNG Prices are Expected to Continue to Fall in the Short Term
May 24 2023 10:34:51
The latest price of liquefied natural gas (May 22): 3708 RMB / ton, the market outlook is bearish
Analysis points: On May 22, the price fell by 3.89% compared with the previous trading day. Recently, the domestic liquefied natural gas market has continued to weaken, and demand has continued to weaken. Downstream replenishment on demand, the market supply exceeds demand. Last Friday, the bidding price of raw gas was lowered, and the cost support was insufficient. In terms of sea gas, the price of LNG at receiving stations has been lowered.
Market outlook forecast: It is expected that domestic LNG prices will continue to run weak 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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