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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
Improving arbitrage economics to move cargoes to the Far East have pushed up prices in the Mediterranean, according to Platts.
- As a result, some West Med traders are looking to move cargoes to Asia, which has supported Spanish PVB levels, Platts said.
- The robust storage levels in Spain means that a lot of players keep their LNG in TVB tanks to easily redirect them to Asia if prices get more competitive, Platts added. LNG stored in Spanish tanks were currently 60% full.
- Traders told Platts that Italy is currently the strongest market for Europe due to maintenance at the OLT terminal.
Source: S&P Global Commdity Insights
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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