Spot LNG arrival price tumbles to multi-year low in Japan
4/11/2016
TOKYO, April 11 (Reuters) -- The average price for LNG spot cargoes arriving in Japan in March fell by 10 cents from February to $6.80/MMBtu, the lowest since the trade ministry started publishing figures two years ago, official data showed.
Spot Asian LNG prices fell to the low-$4/MMBtu late last month, as demand in Asia remained slow overall.
Japan is the world's biggest LNG buyer.
(Reporting by Osamu Tsukimori and Aaron Sheldrick)
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