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Infographic

Asian spot LNG prices drop 5% in December

Prices fell last month in Japan, China, South Korea and Taiwan as buyers reduced their purchases because of strong inventories Prices fell last month in Japan, China, South Korea and Taiwan as buyers reduced their purchases because of strong inventories.
By Tang Tian 7 January 2020 Asia Pacific / LNG 0 34907
Chart showing average CIF price of spot LNG

Spot LNG prices in Japan, China, South Korea and Taiwan declined by an average of 5.07% month on month in December as ample inventories encouraged buyers to reduce procurement for January.

Chart showing average CIF prices in November
Chart showing LNG import volumes in November
Chart showing prices of trucked LNG at terminals

Quoted prices for trucked LNG in January fell by an average of 4.84%...