Spot LNG prices in Asia fall further 2.7%

Thursday, 23 July 2015

Sluggish demand has made prices for spot LNG delivery to northeast Asia drop 2.7% to an average of $7.395/MMBtu for August, according to Platts Japan/Korea Marker (JKM). End-user demand for gas is "extremely slow", despite the fact that August is traditionally the peak month of the summer buying season due to increased power generation.


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