LNG

Power demand boosts Asian spot LNG prices

Spot LNG prices in Japan, South Korea, China and Taiwan were up by 4.38% last week as demand from power generators picked up Spot LNG prices in Japan, South Korea, China and Taiwan were up by 4.38% last week as demand from power generators picked up.
By Tang Tian 29 August 2017 0 27353

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.71/MMBtu last week, up by 4.38% from a week earlier as demand from power generators picked up. Prices rose to $5.85/MMBtu on 25 August, the highest for the month to date.

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

Date Japan South Korea China Taiwan
14 Aug 5.41 5.50 5.49 5.47
15 Aug 5.41 5.50 5.49 5.47
16 Aug 5.41 5.50 5.49 5.47
17 Aug 5.41 5.50 5.49 5.47
18 Aug 5.45 5.56 5.54 5.50
21 Aug 5.45 5.56 5.54 5.50
22 Aug 5.60 5.74 5.73 5.67
23 Aug 5.60 5.74 5.73 5.67
24 Aug 5.75 5.93 5.91 5.82
25 Aug 5.75 5.93 5.91 5.82
Source: Sublime China Information

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