According to real-time LNG import vessel data released by China's Natural Gas Information Terminal (E-Gas system), during the week of January 5–11, it is estimated that China imported a total of 29 shipments of LNG through coastal LNG receiving terminals, with an import volume of approximately 1.88 million tons, compared to the previous value of 980,000 tons. PriceSeek's analysis of liquefied natural gas shows a long-short score of -1.5. The article indicates that China imported 1.88 million tons of LNG during the week of January 5–11, a significant increase of 91.8% compared to the previous value of 980,000 tons, indicating a notable rise in supply. With no significant change in demand, the increase in supply may lead to an oversupply in the spot market, exerting downward pressure on LNG spot prices. Therefore, the score of -1.5 reflects a significant bearish impact.
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