China Daily Global Edition (USA)

Liquefied natural gas price slumps in Jan

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The price of liquefied natural gas in China saw a sharp decline at the beginning of January. In the first 10 days of January, the price of LNG stood at 5,613.6 yuan ($869) per metric ton, a slump of 22.6 percent compared with the end of December, data from the National Bureau of Statistics showed. The decline followed months of rising LNG prices, driven by demand in northern China as millions of households shift from burning coal to using gas for heating in winter. The growing appetite for gas pushed domestic LNG prices to a record high of 9,000 yuan a ton on Dec 1 in some regions, according to an industry report. eral government, the ratings agency said. “Deficienci­es in the current US political ecology make it difficult for the efficient administra­tion of the federal government, so the national economic developmen­t derails from the right track,” Dagong said. Purchasing. The country plans to extend its courier network and improve computeriz­ed systems, services, and internatio­nal connection­s by 2020. The target annual revenue of the courier sector is expected to reach 800 billion yuan at that time. reading came after the dollar index, a gauge that measures the US currency’s strength against six other major currencies, staged consistent declines in recent trading days. Analysts expected the yuan to gain further in the coming days, on the back of the solid fundamenta­ls of the Chinese economy and the estimation of a weaker US dollar in the future. $1.06 trillion at list prices.

 ?? PROVIDED TO CHINA DAILY PROVIDED TO CHINA DAILY ?? Visitors wear 3D virtual reality headsets at a VRthemed restaurant in Shanghai on Sunday. In the restaurant where dishes are prepared for enjoyment Visitors wear 3-D virtual reality headsets at a VR-themed restaurant in Shanghai on Sunday. In the...
PROVIDED TO CHINA DAILY PROVIDED TO CHINA DAILY Visitors wear 3D virtual reality headsets at a VRthemed restaurant in Shanghai on Sunday. In the restaurant where dishes are prepared for enjoyment Visitors wear 3-D virtual reality headsets at a VR-themed restaurant in Shanghai on Sunday. In the...

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