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Cold Snap in China Pushes LNG Prices Higher After Months of Decline
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Why This Matters
China's cold snap has driven up LNG prices as heating demand increases, reversing a months-long decline in prices. LNG prices have risen to 4,001 yuan per ton, up from 3,998 yuan per ton just days prior. The cold weather is forecast to continue into February.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Winter weather has driven heating demand in China higher and with it, LNG prices, Bloomberg has reported, citing prices of 4,001 yuan ($574) per ton of LNG this Monday, up from 3,998 yuan ($573.70) per ton on Friday. The cold spell, which is forecast to extend into February, has thus reversed a price slide that began towards the end of 2025, the report said, citing LNG price data from the Shanghai Petroleum and Natural Gas Exchange. China recorded a 12-month stretch of lower LNG imports amid surging domestic production and higher pipeline imports…
Original article published by
OilPrice.com
on January 20, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.