LNG price jumps

PLATT’S Japan/Korea Marker registered an average spot LNG price to northeast Asia of $US8.007 ($A10.89) per million British thermal units for September, the highest since peaking at an average of $US9.11 ($A12.38)/MMBtu in February this year.

LNG price jumps LNG price jumps LNG price jumps LNG price jumps LNG price jumps

The price was driven by portfolio suppliers and traders looking to improve deliveries across the Atlantic and Asia Pacific basins, or back fill short positions for September delivery.

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