China's weekly inventory: 6.82 million tons, with 42 days of import coverage. Japan's inventory in December 2025: 2.37 million tons, with only 11 days of import coverage. South Korea's inventory in December 2025: 3.70 million tons, with 28 days of import coverage. If supply disruptions through the Strait of Hormuz continue, Japan and South Korea may compete to purchase regional supplies, thereby raising regional prices.
LNG as of February 19
China's weekly inventory: 6.82 million tons, with 42 days of import coverage.
Japan's inventory in December 2025: 2.37 million tons, with only 11 days of import coverage.
South Korea's inventory in December 2025: 3.70 million tons, with 28 days of import coverage.
If supply disruptions through the Strait of Hormuz continue, Japan and South Korea may compete to purchase regional supplies, thereby raising regional prices.