Wood Mackenzie says China was the second-largest buyer of US LNG in the 12 months to June 2018, but Chinese purchases have fallen as the trade dispute escalated. China's retaliatory tariff on US LNG is 10%, lower than the 25% first proposed in August.
Winter cargo purchases are largely complete, so the short-term market impact is seen as limited.
Lost Chinese demand for US LNG could weigh on US export economics and new project contracting. Chinese buyers may pay a premium of up to 10% for non-US supply if they still need spot cargoes.
Tras 24 eventos bajista de comercio pasados, Gas natural se movió una mediana de +2,8 % en 5 sesiones (54% al alza; mitad central entre -4,5 % y +7,3 %), y -1,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.