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SunSirs: China Domestic LNG Price Fell on December 20
December 21 2021 14:50:10SunSirs(Selena)

Latest price (December 20): 4,440 RMB/ ton

According to the data monitoring chart of SunSirs, the domestic LNG market returned to weakness on December 20, and the price fell by 4.17 compared with the previous working day. On the 20th, the auction of Northwest gas source ended. The transaction price was 2.88 yuan / m3, the trading volume was 15.47 million m3, and the flow auction was 5.53 million m3. The high cost combined with the reduction of supply brought a little good to the sluggish domestic liquid market, but the demand follow-up was insufficient, and the resurgence of public health events further affected the demand in some regions.

It is expected that China domestic LNG may rise slightly in the short term, but its continuous action force is not strong.

 

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