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Asian spot LNG rose a third straight week to $30.50/MMBtu, the highest since December 2022. Colder forecasts and strong Chinese buying for storage targets drove the gains, and European buyers face pressure to raise bids for winter cargoes.
Cold weather and firm Chinese demand are tightening global LNG supply and lifting gas prices, which raises energy and nitrogen fertiliser costs.
pgjonline.comOct 1, 2025After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
