Cold Snap in China Pushes LNG Prices Higher After Months of Decline

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…