First, the price trend

According to the data of the business community, the average price of liquefied natural gas at the beginning of the week was 3981.25 yuan/ton. As of August 17, the average price of liquefied natural gas was 37.7.50 yuan/ton, and the overall price of LNG fell 5.12%, up 25.02% year-on-year.

Second, the analysis of influencing factors

Products: According to the data of business organizations, as of August 17, the LNG price of Hangjinqi Xinsheng Natural Gas Co., Ltd. in Erdos City, Inner Mongolia is 3900 yuan/ton, and the price of Xinjiang Guanghui LNG Development Co., Ltd. is about 2850 yuan/ton, Inner Mongolia. The LNG price of Ordos Star Energy Co., Ltd. is 3,770 yuan / ton, the LNG price of Renqiu Development Zone Huagang Gas Co., Ltd. is 4,000 yuan / ton, and the LNG price of Shaanxi Luyuan Natural Gas Co., Ltd. Zizhou LNG Factory is 3,800 yuan / ton.

Market Analysis: At present, environmental protection requirements are more stringent, and actively build a clean, low-carbon, safe and efficient modern energy system, fully promote the elimination of clean energy, environmental protection pressure, “coal to gas” stimulates the rapid growth of natural gas demand, not weak in the off-season, liquefaction Natural gas plants are selling well, and the liquid level is gradually decreasing. In addition, the recent restrictions on gas in the northwest region are relatively strong, and LNG prices are at a high level. Due to the high price of LNG, the demand is reduced, the market mentality is not good, the downstream receiving goods are relatively weak, and the contradiction between supply and demand causes prices to start to fall.

Industry: According to the price monitoring of business companies, in the 33rd week of 2018 (8.13-8.17), there were 8 commodities in the energy sector that rose in the energy sector. The top 3 commodities were coke (4.37%) and fuel oil. (2.57%), liquefied gas (1.50%). There were 6 kinds of commodities with a decrease in the chain, and 1 product with a drop of more than 5%, accounting for 6.3% of the monitored products in the sector; the top 3 products were LNG (-5.12%) and dimethyl ether (- 4.03%), WTI crude oil (-3.21%). This week’s average price increase was -0.29%.

Third, the market outlook

LNG analysts in the business community believe that the high price of LNG makes the downstream receiving goods weak, and the market demand is insufficient. It is expected that the LNG price will stabilize in the short term.