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Asian spot LNG prices slipped week-on-week on muted demand and ample supply, with the October delivery average at $11.15/mmBtu. The delivery of an LNG cargo from the sanctioned Arctic LNG 2 project to China added to supply concerns.
Weak Asian demand and new supply from projects such as Arctic LNG 2 put downward pressure on LNG benchmarks, which can ease gas-linked energy costs for Asian importers.
Not enough comparable past events yet for a historical read.
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.