Supply & Demand

Japan leads decline in April spot LNG prices

Spot LNG prices in Asia’s four major importers fell by an average of 10% month on month in April Spot LNG prices in Asia’s four major importers fell by an average of 10% month on month in April.
By Tang Tian 1 May 2018 0 30665
Average CIF prices for spot LNG

Spot LNG prices in Asia’s four major importers decreased by an average of 10.0% month on month in April. Prices fell the most in Japan, where they declined by 10.6%. It was followed by South Korea on 10.1% and China on 9.8%.

LNG imports in March
CIF prices

























Soft LNG demand triggered ex-terminal price cuts for May averaging 8.1% at Putian, Ningbo, Rudong, Qingdao and the two terminals in Tianjin. Yuedong...