According to the data monitoring of SunSirs, as of January 6, the average price of domestic LNG was 6,438 RMB/ton, 4.24% higher than the average price of 6,176 RMB/ton on January 1.

The domestic LNG price rose steadily this week. After the New Year's Day, the high-speed traffic restriction for hazardous chemical vehicles was lifted, the shipment of liquid plants was smooth, and domestic LNG rose along the trend. The demand for downstream replenishment increased, and the on-site delivery was good. After the rise of the liquid price, the resistance of the downstream increased, and the enthusiasm began to weaken. Recently, the domestic temperature has warmed up, some factories in the downstream have holidays, and the demand has begun to weaken. The industry is mainly cautious and wait-and-see, and the liquid plants are shipping at a stable price. From 14:00 p.m. to 14:30 p.m. on January 6, PetroChina supplied northwest liquid plant with gas for online trading of LNG plant in the second week of January (January 7-14). The final turnover of 21 million cubic meters of resources was 3.98-4.00 RMB/cubic meter, up 0.28 RMB/cubic meter from the low price in the first week of January, and 0.14 RMB/cubic meter from the high price.

LNG analysts from SunSirs believe that the weather has warmed up recently, some downstream enterprises have stopped working, and the terminal demand for LNG has weakened. However, the bidding price of feed gas has risen, and the cost side has some support. It is expected that China domestic LNG price will rise in the short term.

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