JKM’s drop below $15/MMBtu to perk up Asian LNG demand

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Asian spot LNG buying is set to increase in the coming weeks as buyers expect prices to drop further after the Platts JKM slid below the $15/MMBtu mark recently — the lowest level since August 2021. Platts, part of S&P Global Commodity Insights, assessed the JKM price benchmark for April at $14.499/MMBtu Feb. 17 and at $14.642/MMBtu Feb. 20. According…