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Project Insights

Taiwan leads Asian spot LNG price decline

The price of spot LNG in Asia fell by an average of around 6% in April, with Taiwan seeing the biggest drop The price of spot LNG in Asia fell by an average of around 6% in April, with Taiwan seeing the biggest drop.
By Tang Tian 7 May 2019 Asia Pacific / Supply & Demand 0 34191
Average CIF price of spot LNG
Average CIF prices in March

Spot LNG prices in Japan, China, South Korea and Taiwan continued to decline in April, falling by 5.91% from March. Taiwan recorded the biggest fall, of 6.10%, and was followed by China and South Korea on 5.91% and 5.90% respectively.

LNG imports in March

Eleven Chinese LNG terminals cut their prices in May from April, with prices dropping by an average of 6.99%. China National Offshore...