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We are in the process of raising our contract prices".
Long-term contract prices are often higher, and liquefication adds to the cost over plain gas.
Hence predictions that contract prices charged by Indian firms are likely to drop.
A 15% rise in quarterly contract prices is expected in July.
Some contract prices may even be decided on a project-by-project basis.
After that, however, if oil prices remain high, the contract prices will probably rise also.
There has also been a slight uptick in contract prices over the past five months.
"You have to see if people stick to their contract prices," he said.
"If you look at contract prices, it gives you a more general barometer of the market".
Anticipation that future spot prices will be high, will cause long-term contract prices to be high.
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Meanwhile, product pages that have just gone up on Amazon's own site detail the off-contract prices.
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