LNG prices in Latin America have remained in check in early June, but that has not led to a spot market buying spree.
Expand
July delivered ex-ship (DES) prices to the Bahia Blanca terminal in Argentina were $11.81/MMBtu on Monday (June 9), up slightly on the day. August DES prices at Argentina’s sole import terminal dropped 29 cents to $11.20.
DES prices at the Pecém terminal in Brazil were $11.62, while in Colombia they were $11.47.