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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
The Asian share of global LNG imports rose to 60% in July and the highest since Jan 2022, according to ICIS. Europe’s share fell 3 percentage points to the lowest since September 2021 at 17%.
- Imports for China, Japan, South Korea, India and Taiwan rose by 4.9% m/m to 19.6m tonnes to the highest monthly volumes since April and compared to the 2021-2023 average for the month of 18.7m tonnes.
- China imports rose 3.4% m/m to 6.1m tonnes but were down 1.6% y/y.
- European imports fell 13% m/m to 5.7m tonnes to the lowest since October 2021 and compared to the 2021-2023 average for the month of 6.9m tonnes.
- Spain rose to become the largest importer in Europe at 1.1m tonnes above Netherlands at 1m and France at 0.9m tonnes.
- The South American imports to Argentina, Brazil, Chile, and Colombia rose to 0.9m tonnes and the highest share since July 2022 at 3%.
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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