This week (December 8-12, 2025), the average transaction price of domestic LNG ex-factory/ex-terminal stood at 4,094 CNY per ton, edging down 1.89% month-on-month. Domestic LNG prices continued their downward trend during the week.

During the week, the absorption capacity of the terminal market was insufficient, which led to significant shipment pressure on upstream LNG plants and a continuous rise in their inventory levels. To alleviate inventory backlogs, LNG plants had to cut prices under pressure.

On the seaborne gas front, LNG terminals saw a dense arrival of vessels. Meanwhile, impacted by low-priced domestic LNG, seaborne gas prices also weakened accordingly.