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       Sudden: Pipeline natural gas prices have increased! The LNG market is in a melee, with a partial increase of 250 yuan/ton and 4550 yuan/ton! On the evening of October 31st, statistics showed that on November 1st, the prices of six LNG liquid plant terminals increased by 30-250 yuan/ton. Four companies have reduced prices by 50-100 yuan/ton.

       On the day of October 31st, 8 LNG liquid plants in Ningxia and surrounding areas in the northwest region (including Xinjiang Naomaohu, Hanas, Changming, Tianlifeng, Hongxing, Shida Lvneng, Longmen, and Xuqianrui) suddenly collectively reduced prices by 50-100 yuan/ton, causing a collapse in their hearts and disrupting the continuous rise of the LNG market.

       According to the information on October 31st, the area where the LNG market lowered prices on October 31st is mainly in the northwest, while the area where prices increased is mainly in the coastal areas. On November 1st, the listing of Jinwan/Diefu LNG receiving station increased by 250 yuan/ton to 4550 yuan/ton. At present, the highest listing price for LNG receiving stations in Fangchenggang is 4650 yuan/ton for Guangxi and western Guangdong.

       As the winter of 2020 approaches, the national centralized heating area is expanding, such as:

       On October 30th, the General Office of the Hebei Provincial Party Committee and the General Office of the Provincial Government issued a notice requesting all departments to strengthen urban heating security during the 2020-2021 heating season. Except for the already heated areas in Zhangjiakou and Chengde according to regulations, all other areas that have not yet been heated will start heating on November 1st.

       The centralized heating system in Xianyang City in the winter of 2020 will start on November 5th, 10 days earlier than usual.

       Part of the reasons for the price reduction at the LNG liquid plant on October 31st may be as follows:;

       On October 30th, after the bidding for the LNG plant directly supplied to the northwest by PetroChina Western Natural Gas ended, the transaction was completed at a price of around 1.68-1.7 yuan per square meter. The cost prices of some LNG liquid plants in the northwest are around 3016-3045 yuan/ton. Currently, the profit margin for the sales prices of LNG liquid plants in the northwest is quite good, and the price reduction is not a big problem.

       From October 28th to October 30th, some LNG liquid plants experienced sporadic price reductions, which alerted LNG terminals and traders. From October 30th to 31st, the procurement plan of LNG liquid plants decreased, causing some LNG liquid plants to reduce prices and promote sales.

       Sichuan Chongqing LNG has begun to impact the markets in the northwest and central China, putting pressure on some LNG liquid plants in the northwest to sell.

       Some LNG liquid plants have high liquid levels in their LNG storage tanks, causing slight fluctuations in sales and shipments. Therefore, price reductions and promotions are necessary.

       Others and so on.

       On the evening of October 31st, statistics showed that on November 1st, the average output of LNG liquid plants was 3925 yuan/ton.