×
×
Infographic

Large decline for Asian spot LNG prices in February

Asian spot LNG prices saw a significant decline last month, with prices expected to continue to fall in March Asian spot LNG prices saw a significant decline last month, with prices expected to continue to fall in March.
By Tang Tian 5 March 2019 Asia Pacific / Supply & Demand 0 34001
Average CIF price of LNG

Asian spot LNG prices were down by an average of 19.41% in February from January, which was the biggest monthly drop in the past 11 months. Prices are expected to fall again in March, as the end of China’s winter heating season on 15 March will lessen demand for spot LNG imports.

Average CIF prices in January
LNG imports in January

Eight of China’s regasification terminals lowered their listed LNG prices for...