Freezing winter temperatures and a supply squeeze have driven north Asian spot prices for LNG to a six-year high of about $US15 per million British thermal units, an astonishing turnaround from the sub-$US2 levels of last June.
He said LNG cargoes were being bid for at $US18/MMBTU, up from $US2/MMBTU six months ago, making it the biggest ever percentage rally in prices.
AFR Article
https://www.copyright link/companies/energy/runaway-lng-price-sends-warning-to-gas-buyers-20210104-p56rns
This will push up the local gas price as well.
Time for COI to rapidly recover this year
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $223 | 1.573K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 210007 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 115712 | 2 |
View Market Depth
| Last trade - 11.00am 01/08/2025 (20 minute delay) ? |
| COI (ASX) Chart |