LNG

Asian spot LNG prices rise after seven-week decline

Asian spot LNG prices gained 1.84% last week after having declined every week for the past seven weeks Asian spot LNG prices gained 1.84% last week after having declined every week for the past seven weeks.
By Tang Tian 17 April 2018 0 30459
Map infographic showing Chinese LNG output by province

Asian spot LNG prices gained 1.84% last week from the previous week, breaking a declining trend that had lasted for almost two months. Prices closed at $7.25/MMBtu on Friday compared with $5.31/MMBtu for the equivalent week last year. 

Graph showing Asian CIF LNG prices

Prices for trucked LNG in Jiangxi, Hubei, Henan and Fujian increased by an average of 2.34% last week from the previous week, with hikes at plants in Henan, Shanxi and Shandong and at the Putian terminal. Meanwhile, prices in...