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…
