Domestic LNG Market Data (November 3-7, 2025)

From November 3 to November 7, 2025, the average transaction price of domestic LNG at the factory/gas station was 4,294 yuan per ton, a month-on-month decrease of 1.74%. This week, the price of domestically produced LNG showed a downward trend, while the price of imported natural gas (LNG) increased.

Specifically, during the week, some LNG plants in major production areas resumed external sales, leading to a significant increase in the supply of natural gas in the market. At the same time, there were a large number of heavy-duty vehicles in transit (for LNG transportation), which put certain pressure on upstream suppliers in terms of cargo distribution—this, in turn, drove the decline in the price of domestically produced LNG.

On the other hand, in the imported LNG (sea-borne gas) market, short-term demand for inventory replenishment emerged in Shandong and Henan provinces. Additionally, the sales of imported LNG in the East China region performed well with smooth cargo distribution. These factors collectively contributed to the rise in the price of imported LNG.