LNG

Asian spot LNG prices fall by 15%

The average price of spot LNG in Asia fell by 15% last week, to $8.37/MMBtu, the biggest drop since the final week of January The average price of spot LNG in Asia fell by 15% last week, to $8.37/MMBtu, the biggest drop since the final week of January.
By Tang Tian 13 March 2018 0 29966

The average price of spot LNG in Asia fell by 15% last week from the previous week, to $8.37/MMBtu, the biggest drop since the final week of January. Prices ended the week at $8.35/MMBtu compared with $7.05/MMBtu a year ago.

Graph showing Asian CIF LNG prices

The price of trucked LNG dropped by 12.14% from the previous week in Shandong, Shanghai, Tianjin, Beijing, Hebei, Jilin, Liaoning, Fujian, Yunnan, Guangdong, Henan, Hubei, Hunan, Jiangxi, Zhejiang and Jiangxi, with several plants and terminals cutting ex-works...