Asia LNG spot prices hit record high

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

Add Mettisglobal as a Trusted Source on Google

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

Related News

Asia markets slide on Kospi sinks 3%

Pakistan, Qatar boost LNG cooperation

FAB, SACE support Arada in $100m sustainable funding deal

Name	Price/Vol	%Chg/NChg
KSE100	165,596.07 264.75M	-0.54% -902.76
ALLSHR	100,017.71 623.24M	-0.46% -463.69
KSE30	49,464.92 86.97M	-0.60% -299.08
KMI30	238,952.40 97.00M	-0.58% -1388.16
KMIALLSHR	65,314.16 323.73M	-0.44% -285.47
BKTi	44,788.98 46.84M	-0.77% -347.65
OGTi	35,107.09 7.04M	-0.41% -145.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,345.00	81,895.00 78,675.00	-2275.00 -2.79%
BRENT CRUDE	109.03	109.75 106.26	3.31 3.13%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-2.95 -2.61%
ROTTERDAM COAL MONTHLY	109.00	109.00 108.75	1.25 1.16%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	100.49	101.23 97.23	3.57 3.68%
SUGAR #11 WORLD	14.78	15.07 14.67	-0.21 -1.40%