Asian spot LNG prices hit six-month low

Asian spot LNG prices fell by 3.1% last week from the previous week and hit $5.27/MMBtu on 14 April – their lowest level since October 2016 Asian spot LNG prices fell by 3.1% last week from the previous week and hit $5.27/MMBtu on 14 April – their lowest level since October 2016.
By Tang Tian 18 April 2017 0 25501

Asian spot LNG prices fell by 3.1% last week from the previous week and hit $5.27/MMBtu on 14 April. This was the lowest level since 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
10 Apr 5.35 5.28 5.48 5.40
11 Apr 5.30 5.23 5.40 5.30
12 Apr 5.30 5.23 5.40 5.30
13 Apr 5.30 5.23 5.40 5.30
14 Apr 5.28 5.19 5.37 5.24
Source: Sublime China Information

Prices for trucked LNG in Shandong, Tianjin and Hebei fell by 3.43% from the previous week after CNOOC reduced prices at its Tianjin terminal. Prices in Liaoning and Jilin also dropped...

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