*LNG prices in Asia, as well as in Europe, continue to fall from record highs hit earlier this year. Average Asian spot prices of $28.8/mn BTU for December delivery were down almost $30 from two months earlier (see chart 1).
LNG Prices Ease Amid Mild Weather, Full Stocks & Subdued Asian Demand
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Charts
1: Asia Spot LNG Prices Have Eased From Record Highs But Average Prices For Key Importers Remain At Or Near Record Levels ($/mn btu)
2: Asia’s Key LNG Importers Took 8% Less For The First 10 Months Of 2022 With China & India Leading The Slump (mn t)
3: Total LNG Imports By The Key Asian Buyers* Have Been Down Every Month This Year (mn t)
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