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Project Insights

Asian spot LNG prices up for first time in six weeks

The average price paid for spot LNG by Japan, China, South Korea and Taiwan increased by 2.35% last week, to $4.36/MMBtu The average price paid for spot LNG by Japan, China, South Korea and Taiwan increased by 2.35% last week, to $4.36/MMBtu.
By Tang Tian 18 June 2019 Asia Pacific / LNG 0 34314
Chart showing CIF price of LNG in China, Japan, South Korea and Taiwan

The average spot LNG price for Japan, China, South Korea and Taiwan increased by 2.35% last week from the previous week, to $4.36/MMBtu. This was the first weekly gain after six consecutive weeks of declines and resulted from buyers boosting purchases ahead of the imminent summer cooling season.

Chart showing purchasing prices of trucked LNG in China

End-user LNG prices in Beijing, Hebei, Tianjin, Shandong, Jiangsu, Anhui,...