The Platts JKM for January was down 10 cents over the course of the week to $7.475/MMBtu on Friday, after rolling to become the new front month on Monday, November 16. Buying sentiment for the month continued to soften, with limited ...
Tags: Curtis LNG
Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
The Platts LNG Japan Korea Marker for July, the newly assessed front month, began trading at $13.625/MMBtu on Friday. The marker for June fell 32.5 cents from last Friday to close at $13.625/MMBtu on Thursday amid ample supply and weak ...
Tags: LNG, Weak Demand
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
The premium on LNG cargoes delivered into the Asia Pacific market compared with Southwest Europe is down 63 cents/MMBtu, or roughly 19%, since early January on steady demand in the Atlantic Basin from South American buyers. Recent buy ...
Japan's LNG imports in January rose 1.2% from December to 8.18 million mt but fell 0.8% year on year, data released Thursday by the Ministry of Finance showed. Australia was the largest supplier with 1.73 million mt of LNG, up 10.4% year ...
Tags: LNG Imports, Chemicals
The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous Friday's $14.55/MMBtu, as buyers waded back out into the market for summer cargoes. Despite expectations that the lifting of the ...
Sustained weak demand from North Asian LNG end-users, reflected in the slump in spot prices, has shown little sign of recovering despite the start of the traditionally stronger summer season. Coming out of the April-May shoulder months, ...
Tags: Chemicals
The Platts June LNG Japan Korea Marker ended the Asian trading week down 15 cents/MMBtu at $14.85/MMBtu, as abundant June cargo availability and limited demand continued to weigh on prices. The June JKM rolled over Tuesday at ...
Tags: Asia Spot LNG, Platts June JKM
Platts April LNG Japan Korea Marker ended the Asian trading week at $17.875/MMBtu, down 32.5 cents/MMBtu, as North Asian spring demand subsided along with expectations of temperatures warming up in the period. The one-month weather ...
Tags: LNG, gas, market view
The Asian LNG spot price is expected to peak at an average of $16.90/MMBtu in 2013, with the LNG market expected to tighten further and freight rates to remain high, Goldman Sachs said in a report released late Monday. "The Japan ...
Tags: LNG spot price, LNG market, Asia
The Platts February LNG Japan Korea Marker ended the Asian trading week at $17.40/MMBtu, up from Monday's $17.15/MMBtu, on the back of sustained demand stemming from cold weather in the Far East. Low temperatures across North Asia boosted ...
Tags: Petroleum, gas, LNG, gas demand