Commodity News
SunSirs: Domestic LNG Prices Fell on May 23
May 24 2022 15:31:10 SunSirs (John)
Price trend
On May 23, the average domestic LNG market price was 6,704 RMB/ton, down 1.61% from the previous day and up 87.96% year-on-year.
Analysis review
At present, the supply of LNG in the market is abundant, demand is expected to weaken in the off-season, and downstream users have a general purchasing ability. In addition, the price of imported gas has been lowered, which has impacted the domestic market.
Domestic liquefied natural gas prices fell, the market transaction atmosphere was light, and the actual transaction was mainly negotiated.
Market outlook
It is expected that the domestic LNG market will be stable and down 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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