LNG price trend in 2020
Looking back to 2020, the price trend of liquefied natural gas was low before and high after. In the third quarter, the price fell to the bottom. In the fourth quarter, the price rose strongly, recovering the previous decline. In December, the price reached the peak, fluctuated violently, and the amplitude of the year was too large. Let’s take you back to the numbers that deserve our attention in this year.
1. LNG up 43.37% for the year
In 2020, the domestic LNG market will be volatile and volatile. According to the data monitored by the business community, the average mainstream price of domestic LNG at the beginning of the year was 3743 yuan / ton, and the average mainstream price of domestic LNG at the end of the year (December 11) was 5366 yuan / ton, an increase of 1623 yuan over the quotation at the beginning of the year, or 43.37% during the year.
2. Liquefied natural gas fell 12.38% in the first quarter
In the first quarter of 2020, the domestic liquefied natural gas market will rise after falling. According to the data monitored by the business community, the mainstream average price of domestic LNG was 3743 yuan / ton on January 1, and 3280 yuan / ton on March 31. The quotation in the quarter fell 463 yuan, or 12.38%. The long and short market factors are intertwined, and the price of LNG fluctuates in the range of 3000-3200.
3. Liquefied natural gas fell 25.3% in the second quarter
In the second quarter of 2020, the domestic LNG market continued to decline. According to the data monitored by the business community, on April 1, the mainstream average price of domestic LNG was 3280 yuan / ton, and on June 30, the mainstream average price of domestic LNG was 2450 yuan / ton, and the quoted price fell 830 yuan, or 25.3%
4. LNG up 7.64% in Q3
In the third quarter of 2020, the domestic LNG market bottomed up and recovered. According to the data monitored by the business community, the mainstream average price of domestic LNG was 2443 yuan / ton on July 1, and 2630 yuan / ton on September 30, with an increase of 187 yuan or 7.64%.
5. LNG up 104.06% in Q4
In the fourth quarter of 2020, the price of domestic LNG market rose sharply. According to the data monitored by the business community, the mainstream average price of domestic LNG was 2630 yuan / ton on October 1, and 5367 yuan / ton on December 11, with an increase of 2737 yuan or 104.06%
6. Up 43.22% in a single month
In October 2020, the domestic LNG market price rose from 2630 yuan / ton on October 1 to 3766 yuan / ton on October 31, with an increase of 1136 yuan / ton, the biggest monthly increase in 2020, with an increase of 43.22%.
7. The biggest drop in a single month is 17.45%
In January 2020, the price of domestic LNG market dropped from 3743 yuan / ton on January 1 to 3090 yuan / ton on January 31, which was the biggest monthly drop. The quoted price dropped 653 yuan, or 17.45%.
8. In 2020, the highest price difference of domestic LNG will be 3016 yuan / ton
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In 2020, the lowest price of domestic LNG price appeared in early September, with the lowest price of 2350 yuan and the commanding high of 5366 yuan in December. Compared with the lowest price, the highest price difference of LNG price in the year was 3016 yuan / ton.