Article

China's domestic liquefied natural gas (LNG) prices have dropped to a five-year low, falling below 3,500 yuan per ton due to weak winter heating demand and high inventory levels, which are currently 73% full. This decline contrasts with typical winter price trends, as mild temperatures and a sluggish industrial recovery have kept demand low, while increased piped gas imports and recovering seaborne LNG shipments have further pressured prices.