FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

LNG: Asian LNG Prices Tick Back Up: Reuters

LNG

Asian spot LNG prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interest from China remains limited due to higher prices, Reuters said.

  • The average price for October delivery into Nort-east Asia was at $14.00/MMBtu, compared to $13.80/MMBtu.
  • The unplanned outage at Australia’s Ichthys is affecting one train and due to last until October, while loadings at Malaysia’s Bintulu are disrupted for the coming weeks.
  • Some disruption this week from Freeport will force traders to keep an even closer watch on supply.
  • Meanwhile, ongoing heatwaves have resulted in some interest in spot volumes from Japanese and Indian buyers for Sep-Oct.
  • There is a 70%-80% probability of above average temperatures for most regions of Japan Aug. 31-Sep.6.
Energy BulletsBulletPower BulletsCommodities
Energy BulletsBulletPower BulletsCommodities

To read the full story

Close

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.