Asia LNG spot prices hit record high

MG News | March 04, 2022 at 03:31 PM GMT+05:00

0:00

March 04, 2022: Asia liquefied natural gas (LNG) spot prices hit a record high of more than $59 per million British thermal units (mmBtu), tracking a surge in European gas prices on concern over tight supply after Russia's invasion of Ukraine.

Price agency S&P Global Commodity Insights' Japan-Korea-Marker (JKM), which is widely used as a spot benchmark in the region, climbed to $59.672 per mmBtu on Thursday, its data showed.

Its previous record was in October 2021, when it hit $56.326/MMBtu.

Reuters

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Name	Price/Vol	%Chg/NChg
KSE100	181,456.34 281.31M	-0.61% -1113.48
ALLSHR	109,182.33 817.95M	-0.45% -492.15
KSE30	55,625.67 128.28M	-0.72% -403.87
KMI30	254,342.99 110.75M	-0.66% -1686.68
KMIALLSHR	69,743.59 357.11M	-0.35% -247.67
BKTi	53,018.77 42.80M	-0.99% -529.26
OGTi	36,867.42 24.49M	0.75% 272.81

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	96,805.00	97,700.00 95,595.00	-1160.00 -1.18%
BRENT CRUDE	63.55	65.36 63.27	-2.97 -4.46%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.90 -2.14%
ROTTERDAM COAL MONTHLY	97.60	98.25 97.60	0.15 0.15%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.00	61.01 58.76	-2.88 -4.65%
SUGAR #11 WORLD	14.59	14.68 14.41	-0.09 -0.61%