# Asian spot LNG hits highest since 2022 on cold weather, China demand

> 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.

- Date: 2025-10-01 · published 2025-10-01T12:00:00.000Z
- Category: weather · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/22583-asian-spot-lng-hits-highest-since-2022-on-cold-weather-china-demand
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Cold weather and firm Chinese demand are tightening global LNG supply and lifting gas prices, which raises energy and nitrogen fertiliser costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-08-04 | [U.S. natgas rises to highest since January on surging LNG exports, hot weather \| Financial Post](https://feedsoft.ai/events/10737-u-s-natgas-rises-to-highest-since-january-on-surging-lng-exports-hot-weather.md) | +7.0% | +21.5% |
| NATGAS | 2024-05-31 | [Extreme Asian Heat Spurs LNG Demand Ahead Of Summer](https://feedsoft.ai/events/30463-extreme-asian-heat-spurs-lng-demand-ahead-of-summer.md) | +16.1% | +14.4% |
| NATGAS | 2018-01-05 | [Cold weather, higher exports result in record natural gas demand - BIC Magazine](https://feedsoft.ai/events/5980-cold-weather-higher-exports-result-in-record-natural-gas-demand-bic-magazine.md) | -14.7% | -21.4% |
| NATGAS | 2018-01-02 | [Cold chills U.S. shale gas production as heating demand jumps](https://feedsoft.ai/events/4670-cold-chills-u-s-shale-gas-production-as-heating-demand-jumps.md) | -13.3% | +2.7% |
| NATGAS | 2016-12-23 | [Cold weather, supply outages fuel LNG winning streak](https://feedsoft.ai/events/73638-cold-weather-supply-outages-fuel-lng-winning-streak.md) | +6.7% | -6.0% |

## Sources

- pgjonline.com: https://www.pgjonline.com/news/2026/october/asian-spot-lng-climbs-to-3050mmbtu-highest-since-december-2022-on-colder-weather-and-chinese-buying

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