LNG

Asian spot LNG prices rise in May

The average spot LNG price for Asia’s four major importers was 17.2% higher in May than in April, the biggest gain in a single month since October The average spot LNG price for Asia’s four major importers was 17.2% higher in May than in April, the biggest gain in a single month since October.
By Tang Tian 5 June 2018 0 31154

The average spot LNG price for Asia’s four major importers was 17.2% higher in May than in April, the biggest gain in a single month since October.

Chart showing average price of Asian spot LNG

Higher oil prices and firm buying interest in advance of the summer air-conditioning season helped buoy prices. Spot prices were up by 17.5% in Japan, 17.4% in South Korea and 17.0% in Taiwan.

Chart showing Asian LNG imports in April
Chart showing average CIF prices in...</p>
	
<div class=