BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Natural Gas

Japan LNG buyers pay $7.40/MMBtu on average for spot cargoes in Nov: METI

Agriculture | Grains | LNG | Natural Gas | Oil | Crude Oil | Petrochemicals

As US-China trade dispute widens, uncertainty weighs on commodity markets

Natural Gas

Platts Inside FERC Bidweek Watch

Commodities | LNG | Natural Gas | Marine Fuels | Tankers | Banking

18th Annual LNG Conference

Oil

Refinery margin tracker: Atlantic Basin refiners vie for crudes amid outages, contamination

Japan LNG buyers pay $7.40/MMBtu on average for spot cargoes in Nov: METI

Highlights

LNG buyers in Japan paid an average $7.40/MMBtu for spot cargoes in November, down 2.6% from $7.60/MMBtu in October, data released Wednesday by the Ministry of Economy, Trade and Industry showed.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The price is an average of contract prices for spot LNG cargoes that will be delivered into Japan, but the delivery months of the cargoes are not given.

The Platts Japan Korea Marker averaged at $7.466/MMBtu during November, reflecting spot deals done for December- and January-delivery cargoes to Japan and South Korea.

METI also said the average price of cargoes delivered in November to Japan was $7.50/MMBtu, down 5% from $7.90/MMBtu in October.



The average price of Platts JKM for cargoes for delivery in November was $6.70/MMBtu.

Platts assessments between September 16 and October 15 reflect spot cargoes for delivery in November.

Trading for November JKM began with the JKM at $7/MMBtu but gradually declined on weak demand to end at $6.70/MMBtu on October 15.

--Eriko Amaha, eriko.amaha@platts.com
--Edited by Haripriya Banerjee, haripriya.banerjee@platts.com