Northeast Asian spot LNG prices down 3.9%

Spot LNG prices for Northeast Asia fell to $7.11/MMBtu at the end of last week, but this was still up by nearly two-thirds from a year ago Spot LNG prices for Northeast Asia fell to $7.11/MMBtu at the end of last week, but this was still up by nearly two-thirds from a year ago.
By Tang Tian 7 March 2017 0 24547

Spot LNG prices for Northeast Asia fell by 3.91%, to $7.11/MMBtu, at the end of last week compared with the previous week. This was still up by nearly two-thirds from $4.33/MMBtu a year ago.

CIF price of LNG in major Asian countries and regions ($/MMBtu)

Date Japan South Korea China Taiwan
20 Feb 7.50 7.67 7.72 7.60
21 Feb 7.50 7.67 7.72 7.60
22 Feb 7.20 7.47 7.50 7.35
23 Feb 7.15 7.37 7.25 7.20
24 Feb 7.10 7.20 7.18 7.12
27 Feb 7.09 7.12 7.15 7.08
28 Feb 7.09 7.12 7.15 7.08
1 Mar 7.09 7.12 7.15 7.08
2 Mar 7.09 7.12 7.15 7.08
3 Mar 7.09 7.12 7.15 7.08
Source: Sublime China Information

Prices in Shandong, Shanghai, Jiangsu, Zhejiang, Hunan, Hubei, Henan, Guangdong, Fujian, Liaoning, Hebei and Tianjin increased by 3.6% week on week. Prices in Jilin...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up