LNG

Asian spot LNG prices fall for third week in a row

Spot LNG prices fell by 0.39% in Asia last week to average $10.13/MMBtu on Friday Spot LNG prices fell by 0.39% in Asia last week to average $10.13/MMBtu on Friday.
By Tang Tian 27 November 2018 0 33455

Asian spot LNG prices inched down by 0.39% last week from the previous week, marking the third consecutive week of declines. Spot prices closed at $10.13/MMBtu on Friday compared with $9.56/MMBtu for the equivalent week a year ago.

Chart showing Asian spot LNG prices

Prices for trucked Chinese LNG fell by an average of 2.55% from the previous week in Beijing, Anhui, Hebei, Tianjin, Hunan, Henan, Fujian, Guangxi, Liaoning, Jilin and Guangdong. This followed price cuts at terminals in Tianjin, Rudong, Putian and...