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||5.82 mt||2.36 mt||3.45 mt||1.22 mt*|
|Average price, $/MMBtu||8.07||8.11||7.23||7.68*|
Average CIF price of spot LNG, $/MMBtu