# Factbox: US gas markets see minimal upside from rising global LNG prices | S&P Global

> Northeast Asia LNG import prices climbed into the mid-$2/MMBtu range, while US LNG feedgas volumes fell to the low 6 Bcf/d range, their lowest since October 2019. Suppliers including Malaysia, Nigeria and Qatar may curtail cargoes, and US buyers may be deferring export volumes. US Henry Hub forwards retreated as a result.

- Date: 2020-05-13 · published 2020-05-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10445-factbox-us-gas-markets-see-minimal-upside-from-rising-global-lng-prices-s-and-p
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower US LNG export pull limits any rally in Henry Hub, keeping domestic gas prices weak. Reduced export demand lowers gas-based costs for US energy and fertilizer.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-03-10 | [US LNG developers try to ride out market turmoil with China's door shut \| S&P Global](https://feedsoft.ai/events/54313-us-lng-developers-try-to-ride-out-market-turmoil-with-china-s-door-shut-s-and-p.md) | +5.3% | -4.2% |
| NATGAS | 2019-12-27 | [European LNG Imports Hit Record Levels as Global Market Shifts](https://feedsoft.ai/events/55766-european-lng-imports-hit-record-levels-as-global-market-shifts.md) | -4.3% | -10.3% |
| NATGAS | 2024-10-24 | [Natural Gas Price Relief Prospects Shrinking as LNG Startups Delayed](https://feedsoft.ai/events/28056-natural-gas-price-relief-prospects-shrinking-as-lng-startups-delayed.md) | +13.9% | +29.0% |
| NATGAS | 2019-08-04 | [Focus on Fracking: oil prices see largest one-day loss in 53 months; natural gas prices fall to 38 month low; oil supplies lowest in 38 weeks](https://feedsoft.ai/events/7908-focus-on-fracking-oil-prices-see-largest-one-day-loss-in-53-months-natural-gas.md) | -0.8% | +8.8% |
| NATGAS | 2020-06-22 | [Buyers of US LNG to cancel 40-45 cargoes for August loading - Markets - Business Recorder](https://feedsoft.ai/events/52799-buyers-of-us-lng-to-cancel-40-45-cargoes-for-august-loading-markets-business.md) | -7.6% | +6.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/051320-us-gas-markets-see-minimal-upside-from-rising-global-lng-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.