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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
Spot LNG prices in Asia are boosted by early summer heat in South and Southeast Asian countries, raising power demand and consumption of generation fuels.
- Countries such as India, Bangladesh, Thailand, Philippines and Vietnam are experiencing heat waves forcing regulators to issue warnings of power outages. Power utilities are searching to shore up emergency fuel supplies and increasing inflows of spot LNG cargoes.
- LNG prices have risen back above $10/mmbtu at the start of May with the demand setting a floor on LNG prices and market sentiment, according to S&P Global.
- A strong impact is expected with higher coal and gas-fired power generation while the wet season is still a few weeks away.
- Hot summer conditions are expected to spread further east in the coming weeks and become more intense before subsiding.
Source: S&P Global
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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