Daily LNG price update (well, not every day…)

Thursday, 18 September 2014

Today I’m launching another regular post to cover LNG prices and major developments. I’ll provide the Japan/Korea LNG marker one month swap as a guide to spot pricing. It only moves a couple of times per month so it won’t be every day but I do expect that as global price convergence advances so will more dynamic pricing.

Here it is today at $14.7ommBtu:

Prices are recovery entering the North Asian winter but are still down 10% year on year and on the long term chart you can see how unusual the recent price crash was:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.