China’s LNG Prices Slide to a Five-Year Low as Winter Demand Disappoints

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China's liquefied natural gas (LNG) prices have reached a five-year low due to disappointing winter demand, which is typically a peak season for heating. The wholesale price has fallen to approximately $10.72 per million British thermal units, indicating a significant decline in market activity.

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Market impact analysis based on bearish sentiment with 86% confidence.

Sentiment
Bearish
AI Confidence
86%

Article Context

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Prices for liquefied natural gas in China have fallen to the lowest in five years as demand failed to live up to expectations despite winter being peak season, driven by heating demand. Citing data from a Chinese commodities pricing outlet, Bloomberg reported the wholesale price per million British thermal units of LNG had dropped to some $10.72 this week, which was the lowest since the middle of 2021. Earlier in December, S&P Global also reported that Chinese wholesale LNG prices had dropped to the lowest in five years, citing a wholesale…

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Original article published by OilPrice.com on December 23, 2025.
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