Free Trial
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
LNG Prices in North Asia are not following the usual price trend going into winter, according to Reuters.
- Typically, prices rally into the winter, before falling as the summer months approach.
- However, ample supply in the region is putting pressure on prices, while a moderate uptick in demand has been insufficient to drive up prices.
- JKM spot prices averaged $16.50/MMBtu in the week to Nov. 19, compared to $17/MMBtu in the previous seven days. Prices have fallen for three successive weeks.
- November imports of LNG into Asia are forecast at 22.67m mt, up from 21.18m mt in October, and 21.41m mt in Nov. 2022, Kpler data showed.
- More US volumes are also headed to Asia, with November imports from the US expected to be 1.97m metric tons, compared to October’s 1.83m mt.
Source: Reuters
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok