Argus Northeast Asia des
Overview
The Argus Northeast Asia des® index is a daily physical spot price assessment for LNG cargoes delivered ex-ship (des) to ports in Japan, South Korea, Taiwan and China. The assessment is for deliveries across four half-month windows that start 2-5 half months forward from the date of assessment.
The ANEA® LNG price assessment is used as a reference for spot trading and represents market activity in the major LNG demand centres of northeast Asia. The region accounts for the majority of LNG demand globally.
The ANEA® price assessment is available in the Argus LNG Daily service.
Price assessment details
What are the advantages of the Argus Northeast Asia des® price assessment?
The ANEA price index is a robust and reliable assessment that accurately represents the LNG market. The assessments includes fair value indications, bids and offers from a broad spectrum of market participants including producers, consumers, portfolio suppliers, traders and brokers across Asia-Pacific.
The ANEA assessment takes into account all relevant trades and price information over the course of the Asian day, up until 4:30pm Singapore time. Argus reporters glean insights from across the market to produce a daily market commentary in the Argus LNG Daily service that provides analysis and brings context and clarity to price movements.
It is denominated in US dollars per million Btu and represents cargoes based on a vessel size of 135,000-185,000m3.
How is ANEA® price assessment used?
The ANEA price assessment is used as a reference price by oil firms, trading companies, utilities and banks based in Asia when buying, selling or trading LNG.
The Argus Northeast Asia des price assessment is published in the Argus LNG Daily service. You can access this price, along with other Argus information, via the Argus Direct interactive platform, through a data feed, with Argus Direct for Spreadsheets, via one of our third-party partners or get it direct to your inbox within a daily PDF report.
Argus also assesses a forward price for the ANEA™ assessment. This is for physically delivered LNG for six forward months and four forward quarters.
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