Asian spot prices averaged around $18 per million British thermal units (mmBtu) this year, easing from an all-time high of $70/mmBtu in 2022 when Russia cut gas supplies to Europe as part of its war in Ukraine.
Prices at the key NYMEX futures platform currently traded at a one-month low. However, it has been broadly choppy inside the $3.6 - 2 MMBtu levels throughout this year.