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.
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