LNG

Asian spot LNG prices continue to climb

Asian spot LNG prices edged up over the past week to close at $8.13/MMBtu on Friday Asian spot LNG prices edged up over the past week to close at $8.13/MMBtu on Friday
By Tang Tian 15 May 2018 0 30849
Map infographic showing Chinese LNG output by region

Asian spot LNG prices edged up over the past week, rising from an average of $8.08/MMBtu at the start of the week to close at $8.13/MMBtu on Friday. This was a year-on-year increase of 53%.

Graph showing Asian spot LNG prices

Prices for trucked LNG increased by 8.1% last week from the previous week in the Chinese provinces of Shandong, Shanghai, Jiangsu, Zhejiang, Jiangxi, Hunan, Hubei, Henan, Fujian, Liaoning, Hebei, Beijing and Tianjin after plants in northern and northwestern China raised their ex-works prices.