1、 Price trend
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According to the monitoring data of business agency, the average price of domestic liquefied natural gas was 5918 yuan / ton on July 4 and 5816 yuan / ton on July 8. Domestic LNG prices fell 1.72% this week.
2、 Analysis of influencing factors
Domestic LNG prices rose slightly this week and then fell again, with a decline of 1.72% during the week. The domestic liquid price rebounded slightly at the beginning of the week, and fell in the middle of the week and continued to the weekend. The LNG market is weak this week, and the terminal demand is sluggish. Manufacturers mostly cut prices, and the market is bearish. As of July 8, the quotation of Inner Mongolia is 5750-5850 yuan / ton, that of Shaanxi is 5850-5900 yuan / ton, that of Shanxi is 5900-6000 yuan / ton, that of Ningxia is 5800-6020 yuan / ton, that of Hebei is 5950-6100 yuan / ton, and that of Henan is 6050-6200 yuan / ton.
3、 Aftermarket forecast
The LNG analyst of business agency believes that the current LNG market is weak, and there is no good news for the time being. The downstream demand is insufficient, the market wait-and-see mood increases, and the downward trend is difficult to change. It is expected that LNG will continue to decline in the short term.
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