Spot LNG prices in Japan, South Korea, China and Taiwan jumped by 21.6% in October – the biggest monthly gain since November 2016. Chinese gas providers have used spot cargoes to cover surging domestic demand driven by a huge gasification campaign.
CIF price for imported LNG, month
|Total volume, mt
|Average price, $/MMBtu
Average CIF price of spot LNG, $/MMBtu
*SCI estimates. CIF prices for spot transactions of LNG, for delivery into Japan, South Korea, China and Taiwan 15-30 days...
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