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.

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