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...

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