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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
JKM prices surge higher setting new highs as hot weather in the northern hemisphere and tight supply drive competition for global gas supplies.
- Asian LNG spot prices surge to nearly $60/mmbtu, the highest since early March right after Russia invaded Ukraine.
- Utilities in Japan, Korea and Taiwan are joining Europe in trying to secure LNG shipments to replenish stocks before winter.
- The Sep22 JKM swap is now at a record of 56.7$/mmbtu and has closed the spread to TTF in to -11.4$/mmbtu. The US netback to Europe is 57.67$/mmbtu and the netback to Aisa has increased to 45.04$/mmbtu.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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