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Project Insights

Asian LNG price down 13% in June

The monthly average price for LNG contracted by Japan, South Korea, China and Taiwan was down in June but the daily price picked up in the second half of the month The monthly average price for LNG contracted by Japan, South Korea, China and Taiwan was down in June but the daily price picked up in the second half of the month.
By Tang Tian 3 July 2019 Asia Pacific / LNG 0 34361
Chart showing average price of spot LNG in May in Japan, South Korea, China and Taiwan
Chart showing average CIF prices in May in Japan, South Korea, China and Taiwan

The average spot price of LNG contracted in Japan, China, South Korea and Taiwan was down by 13.3% in June compared with May. While the monthly average for June was down, daily prices began to pick up from 11 June as a result of rising power demand during the...