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Platts receives first transparent bid in LNG pricing process

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LNG Industry,

Reuters are reporting that commodity pricing agency S&P Global Platts received its first transparent bid for LNG in its pricing process on 13 June.

Commodity trader Trafigura placed a bid for a physical cargo of LNG to be delivered into Tianjin in China over 22 – 25 August at US$10.50 per mmBtu.

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