Asian LNG prices continue to fall

Asian spot LNG prices continued their downward trend last week as the region entered the shoulder months of the demand cycle Asian spot LNG prices continued their downward trend last week as the region entered the shoulder months of the demand cycle.
By Tang Tian 14 March 2017 0 25024

Asian spot LNG prices continued their downward trend last week as the region entered the shoulder months of the demand cycle. Spot prices ended last week at $7.02/MMBtu, down slightly from the previous week but up by 69.6% from a year ago.

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

Date Japan South Korea China Taiwan
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
6 Mar 7.09 7.12 7.15 7.08
7 Mar 7.09 7.12 7.15 7.08
8 Mar 7.05 7.05 7.10 7.02
9 Mar 7.05 7.05 7.10 7.02
10 Mar 7.02 7.01 7.05 7.00
Source: Sublime China Information

Prices in Jiangsu, Jiangxi, Hunan, Hubei, Guizhou, Liaoning, Hebei and Tianjin decreased by an average of...

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