6-week high Asian spot LNG prices hold at $9/MMBtu due to sustained demand and colder-than-normal weather in northeast Asia.

6-week high Asian spot LNG prices hold at $9/MMBtu due to sustained demand, particularly due to colder-than-normal weather in northeast Asia. Prices remain steady despite Chinese players waiting for potential price declines and the recent Taiwan earthquake having little effect on prices. Asia's imports of LNG increased sharply in March, driven by lower spot prices and Europe's reduced demand.

April 08, 2024
3 Articles