Platts: China's June LNG Imports Rise 28.4% on Year to 1.72 million mt

Chinese imports of LNG in June gained 28.4% year on year to reach 1.72 million mt, General Administration of Customs data showed.

Imports were more than 50% higher from May, when volumes had fallen to 1.12 million mt, the lowest levels seen into the country since 2012, according to Platts historical data.

Monthly data showed that almost all imports in June originated from term suppliers, with weighted average prices reported at $9.55/MMBtu.

Only one potential spot cargo delivered during the month. Volumes originating from Equatorial Guinea were received at an average price of $7.44/MMBtu, according to customs data. MORE