LNG prices were less violent in 2023 than the year prior. The Platts JKM (a global benchmark for LNG) had a price volatility of 75 percent in 2023. Price volatility reflects the daily change in prices. 2022 saw LNG prices fluctuate more than ever before due to sudden LNG demand from European consumers following sanctions on Russia.
Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023
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IEA. (January 30, 2024). Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/
IEA. "Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023." Chart. January 30, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/
IEA. (2024). Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/
IEA. "Price Volatility of Platts Jkm (Japan-korea Marker) Lng Spot Prices from 2016 to 2023." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/
IEA, Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023 Statista, https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/ (last visited November 22, 2024)
Price volatility of Platts JKM (Japan-Korea Marker) LNG spot prices from 2016 to 2023 [Graph], IEA, January 30, 2024. [Online]. Available: https://www.statista.com/statistics/1454722/lng-price-volatility-asian-market/
LNG industry worldwide
