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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
LNG stockpiles held by major Japanese power utilities decreased by 1.36% to 2.18 million tons on Oct. 29 according to trade ministry data after four consecutive weeks of growth amid exceptionally weak power demand.
- Stocks are down 0.32mt (13.8%) compared to 2.53 million tons from 30 Oct 2022 but above the five-year average of 2.01 million tons for the end of October.
- LNG imports increased by about 12% yoy, close to 0.6mt.
- A similar power demand pattern is expected in November and should allow stocks to gain towards levels seen last year before winter demand sets in according to ICIS.
Source: ICIS
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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