Prompt Asian prices hit 4-month low, drop below $5/mmBtu

Financial Post | Jan 17, 2020 at 5:37 AM
  • Asian spot prices for liquefied natural gas (LNG) for the current month fell below $5 per million British thermal units (mmBtu), to their lowest in four months, as buyers remained on the sidelines ahead of the Lunar New Year holidays.
  • Several cargoes were also offered in the spot market by various suppliers which helped absorb plant issues in Malaysia.