Cold snap fails to boost China domestic LNG prices ahead of holiday season
A severe cold snap that hit China this week has briefly stemmed the decline in domestic trucked LNG prices, but the price outlook remains bearish with the Lunar New Year holidays approaching when economic activity and gas demand are expected to be slow, market sources said. China’s Central Meteorological Observatory (CMO) issued the first cold snap warning of 2024 on… A severe cold snap that hit China this week has briefly stemmed the decline in domestic trucked LNG prices, but the price outlook remains bearish with the Lunar New Year holidays approaching when economic activity and gas demand are expected to be slow, market sources said. China’s Central Meteorological Observatory (CMO) issued the first cold snap warning of 2024 on… Read More
