MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

TTF Trades Higher on Supply Concerns

NATURAL GAS

TTF front month gas trading 2.5% higher at 85.485€/MWh on supply concerns with variable Nord Stream imports and continued uncertainty over LNG imports following the Freeport LNG fire.

  • Russian flows through Nord Stream are nominated lower at 42.3GWh/h during the day but back up to 57.46GWh/h from 18:00 tonight. Gas transit through Ukraine continues at 41.9mcm/d via Sudzha.
  • Gas spreads should encourage spot LNG cargoes towards Europe so any missing Freeport cargoes could still be replaced. Net LNG imports to NW Europe were still above normal last week with a daily average at 170k mt.
  • Norwegian supply is nominated at 285mcm/d as output recovers after outages last week but some works continue at Troll and Kollsnes until tomorrow.
  • Above normal temperatures are expected across much of Europe next week with high solar output and low wind output.
  • European gas storage is up to 52.1% full, with Germany at 55.2%, Italy at 53.4%, France at 54.6% and Netherlands at 45.1%.
Energy BulletsCommodities
Energy 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.