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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 imported 5.86 million tonnes of LNG in July, down by 1.66% month on month, but up by 23.68% year on year, data from the General Administration of Customs of China (GACC) showed.
- LNG imports in the first seven months of this year stood at 39.48mn tonnes, up by 9.23% on the year, because of recovering domestic demand as well as higher power demand in some months due to droughts.
- July imports fell slightly on the month amid lower power demand due to the typhoon in South China as well as higher LNG import prices that weighed on some buying interest according to Oilchem.
- Australia remained the top LNG supplier to China with volumes of around 2.21mn tonnes in July, up by 22.21% on the year. This is followed by Qatar with volumes of 1.26mn tonnes last month.
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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