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Why MNI
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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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Brazil’s LNG Prices Rally to Narrowest Discount v TTF on Record
Brazilian LNG prices rallied in line with the strength seen across NWE to reach a record narrow discount against TTF, according to Platts.
- Brazil’s DES price for delivery 15-45 days forward was a 24.5 cents/MMBtu discount v physical TTF, the narrowest since Platts launched the assessment Feb. 1.
- Brazil’s prices had been tracking those in NWE as it competes to pull volumes from the Northwest to the other side of the Atlantic.
- Traders told Platts that they expected a spike in demand in March, but sentiment has since cooled, and March volumes are now expected to be below February’s levels.
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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.