North Asian spot LNG prices keep on falling

Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week.
By Tang Tian 11 April 2017 0 25441

Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week. Prices averaged $5.37/MMBtu on 7 April, the lowest level since early October 2016.

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

Date Japan South Korea China Taiwan
3 Apr 5.60 5.50 5.65 5.69
4 Apr 5.60 5.50 5.65 5.69
5 Apr 5.40 5.32 5.53 5.50
6 Apr 5.35 5.28 5.48 5.40
7 Apr 5.35 5.28 5.48 5.40
Source: Sublime China Information

Trucked LNG prices in Shanghai and Fujian increased by 2.67% last week compared with the previous week, reflecting price hikes at the Rudong, Qingdao and Putian terminals....

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