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Markets & Forecasts

Asian spot LNG prices start to pick up

Prices in Japan, South Korea, China and Taiwan rose last week from a week earlier but remained low on an annual basis Prices in Japan, South Korea, China and Taiwan rose last week from a week earlier but remained low on an annual basis.
By Tang Tian 20 August 2019 Asia Pacific / Supply & Demand 0 34500
CIF price of LNG

The spot price for LNG in Japan, China, South Korea and Taiwan increased by an average of 3.35% from last week from the previous week as buyers returned to the market. Prices averaged $4.72/MMBtu on Friday compared with $10.28/MMBtu on the same date in 2018.

Purchasing prices of trucked LNG in regions

End-user prices for trucked LNG in Beijing, Tianjin, Henan and Shandong gained an average of 1.41% last week from the previous week after Typhoon...