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Project Insights

Asian spot LNG prices drop by 5.33%

Buyers in Japan, China, South Korea and Taiwan paid an average of $4.26/MMBtu for LNG last week Buyers in Japan, China, South Korea and Taiwan paid an average of $4.26/MMBtu for LNG last week
By Tang Tian 11 June 2019 Asia Pacific / LNG 0 34296

Spot LNG prices in Japan, China, South Korea and Taiwan averaged $4.26/MMBtu last week, down by 5.33% from the previous week, amid sufficient demand among buyers.

Chart showing CIF price of LNG in Asia

End-user prices for trucked LNG fell by 2.48% last week from the previous week in the Chinese provinces of Hebei, Henan, Shandong, Shanghai, Fujian, Guangxi and Guangdong after LNG plants in the northwest, east and centre of China cut prices in the days before the Dragon Boat Festival public...