The latest price of LNG (October 30): 3,840 RMB/ ton

Today, the starting price of Northwest raw material gas auction was raised to 1.57 RMB/ m3, with a gas volume of 130 million m3. Compared with the last time, the gas volume was reduced. Driven by the rising cost, the domestic LNG price generally rose, and the prices of several ports followed. With the start of heating in winter, some areas have started to replenish urban gas, and the demand has gradually increased. With the support of multiple advantages, the awareness of price fixing in the upstream of LNG is strong and the trend is strong.

Market Forecast

The LNG market is bullish in the short term.

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