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Platts reviews three years of JKM LNG benchmark data, noting the price is near $10.38/MMBtu, about 50% above January 2015. The analysis highlights steady Northeast Asian demand and continued market-based pricing.
Strong Asian LNG prices support global gas-linked costs and keep competition for gas-fired power supply high. The article is analytical commentary without a new price driver.
spglobal.comMarc HowsonJan 31, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
