Domestic LNG Market Data (October 27-31, 2025)

From October 27 to October 31, 2025, the average transaction price of domestic LNG at the factory/gas station was 4,370 yuan per ton, a month-on-month increase of 6.79%.

In the early part of the week, multiple positive factors stimulated a sharp price rise: downstream demand for inventory replenishment increased, and some upstream LNG plants suspended production. However, as LNG prices continued to rise, downstream enthusiasm for purchasing weakened. Meanwhile, some local LNG plants resumed supply, easing the on-site supply pressure—thus leading to a decline in prices of high-priced resources.

Toward the weekend, the bidding price for feed gas in the first half of November rose. Supported by this factor, local LNG prices rebounded again.