global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
European Gas Hub Logo
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
European-Gas-Hub-Logo
No Result
View All Result
Home Gas Prices

Northeast Asian spot LNG price JKM up from previous week

Weekly Trend of Natural Gas and LNG Prices

Editor by Editor
2 years ago
Reading Time: 2 mins read
LNG-Price
Share on FacebookShare on TwitterShare on Linkedin

The Northeast Asian assessed spot LNG price JKM for the previous week (26 June – 30 June) rose to the low USD12s on 26 June from the late USD11s the previous week.

RELATED POSTS

global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

3 weeks ago
gas-storage

Low gas storage levels in Rehden a cause for concern

1 month ago
European-LNG-imports

European LNG imports surge by a staggering 40%

1 month ago

The next day, JKM fell to late USD 11s on the back of high LNG inventories and weak demand, but the following day JKM rose to USD 12/MBtu on buying interest in Southeast Asia and Europe.

On 30 June, JKM fell to the late USD 11s after the previous day’s holiday. According to a 28 June METI release, Japan’s LNG inventories for power generation totaled 2.23 million tonnes as of 25 June, down 0.14 million tonnes from the previous week, up 0.09 million tonnes from the end of the same month of last year and up 0.28 million tonnes from the average of the past five years.

The European gas price TTF fell slightly to USD 10.2/MBtu on 26 June from USD 10.4/MBtu the previous week due to sluggish activity in the European market.

The price then rose to USD 11.1/MBtu on 27 June as bullish sentiment continued due to a shortage of spare cargoes for spot trading in the Atlantic, but fell to USD 10.9/MBtu the next day as market anxiety eased due to increasing European underground gas storage.

On 29 June, TTF rose to USD 11.1/MBtu as the market remained quiet as it assessed storage trends in the third quarter and beyond, and it rose again the following day on 30 June to USD 11.5/MBtu.

ACER published the 30 June spot LNG assessment price for delivery in the EU at EUR 33.0/MWh (equivalent to USD 10.5/MBtu). According to AGSI+, the European underground gas storage rate as of 30 June was 77.3%, up from 75.5% the previous week.

The U.S. gas price HH fluctuated slightly from USD 2.7/MBtu the previous week to USD 2.8/MBtu on 30 June. According to the EIA Weekly Natural Gas Storage Report released on 29 June, the U.S. natural gas underground storage on 23 June was 2,805Bcf, up 76Bcf from the previous week, up 25.3% from the same period last year, and up 14.6% from the historical five-year average.

Updated 3 July 2023

Source: JOGMEC


RELATED POSTS

global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

3 weeks ago
gas-storage

Low gas storage levels in Rehden a cause for concern

1 month ago
European-LNG-imports

European LNG imports surge by a staggering 40%

1 month ago
Tags: ACERAsian LNG demandFreeport LNGHammerfest LNGHenry hub pricesJKM price indexJOGMECLNG cargoesspot LNG pricesTTF gas price
Editor

Editor

Related Posts

global-LNG-supply-growth
LNG

Global LNG supply growth is set to accelerate in 2026

3 weeks ago
gas-storage
Gas Prices

Low gas storage levels in Rehden a cause for concern

1 month ago
European-LNG-imports
Gas Prices

European LNG imports surge by a staggering 40%

1 month ago
natural-gas-prices
Gas Prices

Middle East crisis demonstrates TTF gas price vulnerability

1 month ago
Strait-Hormuz
Gas Prices

Europe’s exposure to Strait of Hormuz is limited

1 month ago
TTF-prices
Gas Prices

TTF prices rose to above €40/MWh

2 months ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

3 weeks ago
Change-in-LNG-sendout

European gas storage levels remain on track to reach 80-85% capacity

2 weeks ago
TTF-JKM-correlation

TTF-JKM correlation hit record levels in the first half of 2025

4 weeks ago
Load More

Recent Post

Change-in-LNG-sendout

European gas storage levels remain on track to reach 80-85% capacity

2 weeks ago
global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

3 weeks ago
TTF-JKM-correlation

TTF-JKM correlation hit record levels in the first half of 2025

4 weeks ago
Load More
Logo

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • European Power Generation
  • Other

Recent Posts

European gas storage levels remain on track to reach 80-85% capacity

Global LNG supply growth is set to accelerate in 2026

TTF-JKM correlation hit record levels in the first half of 2025

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.