Northeast Asian spot LNG prices inch up

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.47/MMBtu last week – one cent higher than a week ago
By Tang Tian 11 July 2017

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.47/MMBtu last week – $0.01/MMBtu higher than a week ago. Prices started to drop on 5 July and averaged $5.45/MMBtu on 7 July.

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

Date Japan South Korea China Taiwan
3 Jul 5.42 5.50 5.52 5.50
4 Jul 5.42 5.50 5.52 5.50
5 Jul 5.41 5.49 5.50 5.48
6 Jul 5.41 5.49 5.50 5.48
7 Jul 5.40 5.47 5.48 5.46
Source: Sublime China Information

Higher ex-works prices at local plants increased trucked LNG prices in Jiangsu province by 0.61% week on week. The Zhuhai, Putian, Dongguan, Yuedong and Qidong terminals cut their quoted...

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