China’s comprehensive LNG import price drops last week

China’s comprehensive import price index for liquefied natural gas (LNG) dropped last weak, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).

The LNG index came in at 3,250 yuan (about 461 U.S. dollars) per tonne from Oct. 21-27, 2019, down 5.7 percent from the reading of 3,445 yuan per tonne the week before.

The index, jointly developed by a monitoring center under the General Administration of Customs and the SHPGX, was launched on Oct. 16, 2019 and is due on a weekly basis to offer a new pricing reference for importers.
Source: Xinhua