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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
Global imports of LNG fell by 0.8m metric tons to 7m tons in the week to 7 May to boost the volumes in floating storage according to Bloomberg.
- Asia LNG demand remains muted due to high inventory levels and limited cooling demand. The lower market prices are still encouraging some interest from price sensitive buyers in South Asia.
- Deliveries into Japan fell by 0.8m tons and mainland China by 0.4m tons possibly due to the holiday period according to Bloomberg.
- Imports to South Korea and Taiwan however increase almost 0.3m tons.
- NW Europe and Italy reduced imports by over 0.2m tons as deliveries into France normalized after an increase following the return from strike outages.
Source: Bloomberg
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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