Asian LNG benchmark jumps above $30/mmBtu for first time since December 2022
UNG•The Asian benchmark Japan-Korea-Marker price for liquefied natural gas rose above $30 per mmBtu on Monday for the first time since December 2022. The December-delivery price hit $30.432, its highest since December 23, 2022.
1. Benchmark reaches new high
The Japan-Korea-Marker price for liquefied natural gas rose above $30 per mmBtu on Monday for the first time since December 2022. The December-delivery price hit $30.432, its highest level since December 23, 2022, as competition between Asia and Europe intensified amid increasing attacks on tankers and renewed tensions between the United States and Iran.
