# Global LNG market still remains 'fragile' ahead of winter: analysts, traders | S&P Global

> Analysts and traders at S&P Global say the global LNG market remains fragile heading into winter. Platts assessed NWE October gas at $12.438/MMBtu and JKM at $14.044/MMBtu on Aug. 29. Sentiment is driving prices more than fundamentals, and potential demand from Egypt and Latin America could tighten winter balances.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28985-global-lng-market-still-remains-fragile-ahead-of-winter-analysts-traders-s-and
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A tight winter LNG balance supports higher gas prices, which raise nitrogen fertilizer and energy costs for feed production. The effect on grain and meal prices is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/083024-global-lng-market-still-remains-fragile-ahead-of-winter-analysts-traders

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