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Markets & Forecasts

Asian spot LNG prices see slight uptick

The average price of spot LNG contracted in Japan, China, South Korea and Taiwan saw a slight rise last week compared with the previous week The average price of spot LNG contracted in Japan, China, South Korea and Taiwan saw a slight rise last week compared with the previous week.
By Tang Tian 13 August 2019 Asia Pacific / LNG 0 34478

The average price of spot LNG in Japan, China, South Korea and Taiwan was nearly unchanged last week from the previous week. While weekly average was steady, prices rallied on Thursday and Friday to end the week on $4.19/MMBtu.

Chart showing spot prices of LNG in Asia

End-user prices for trucked LNG in China fell by an average of 1.27% last week from the previous week in Beijing, Hebei, Tianjin, Shandong, Jiangsu, Zhejiang, Shanghai, Guizhou and Yunnan after plants in Hebei, Anhui, Sichuan,...