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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 imports of LNG in August rose 7.81% on the month to 6.30m mt, according to OilChem citing The General Administration of Customs of China (GACC).
- This represents a 34% rise compared to August 2022.
- The rise was attributed to growing electricity consumption amid higher temperatures in South China.
- Combined imports for the first eight months of 2023 were 45.52m mt, up 12.1% on the year.
- Australia remained the top LNG supplier to China, with a volume of around 2.16 million t in August.
- The price of imported LNG into China rose 2.87% on the month to 3,985 y/t, driven by rising spot prices globally.
Source: OilChem
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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