Asian Buyers Outbid Europe for US LNG, JKM Rises to $16.08/MMBtu

LSEG / Trading Economics · Jul 06, 2026 00:00

Asian buyers outbid European counterparts for US LNG by nearly $4 per mmBtu in June, diverting significant volumes to the Pacific. The Japan-Korea Marker (JKM) LNG price rose to $16.08/MMBtu on July 2, 2026, driven by strong restocking demand from China and India for summer cooling.