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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
China's LNG imports fell to 5.9m tonnes in June 2024 from 6.3m tonnes in June 2023, according to ICIS.
- Imports into China have dipped after a strong start to the year with seasonal record monthly highs seen in February, March and April 2024.
- An increase in spot gas prices in recent months makes extra LNG imports less attractive after imports were boosted by the downtrend in prices at the start of the year.
- The all-time record for June was 6.4m tonnes from June 2021.
- Imports in May 2024 were above 2023, but below the record levels for May seen in 2021.
- LNG imports in 2022 were the lowest in recent year with as the economy slowed due to covid lockdowns.
Source: ICIS
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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