Aug 22 (LNGJ) - Prices of spot LNG for September delivery to Asian markets have plummeted 33.1% year-on-year (y-o-y) to an average $10.702/MMBtu, the latest Platts Japan/Korea Marker for month-ahead delivery shows.
The drop came as increased supply in the region continued to outweigh lackluster demand. On a month-on-month basis, the September JKM was down 5.8% from August.
