Domestic LNG prices fell on May 18

Latest price (May 18): 6872 yuan / ton

 

Key points of analysis: on May 18, the average price of domestic LNG market was 6872 yuan / ton, down 0.52% from the previous day and up 85.73% year-on-year. At present, the market supply is abundant, the demand in the off-season is weakened, the receiving capacity of downstream users is general, and the price of inlet air is reduced, which drives the domestic liquid price to weaken steadily. The market wait-and-see mood is rising, and the actual transaction is mainly negotiation.

 

It is expected that the domestic LNG market will be stable and down in the short term.

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