South Korea's helium pricing is catching up with its Asian counterparts. In April'23, South Korean pricing hit a new high of US$488/mcf (YTD +32% y/y). All Asian markets are experiencing a rapid increase in helium pricing due to the global supply constraints. Asian markets are known to have higher pricing as most of their volumes come from either US or Qatar, leading to higher transportation cost.
South Korea Helium Pricing at Record Levels of US$490/mcf
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