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Asian spot LNG prices rose for a fourth week to $32.50/MMBtu for December delivery into northeast Asia, the highest since December 2022. The gains were attributed to Middle East tensions, Asian buying and colder winter forecasts.
European benchmarks were assessed in a similar range.
Higher LNG prices raise the cost of gas-fired power and fertilizer production, and can shift demand toward other energy and feed-related markets. Tight Asian gas supply supports energy costs for feed processors.
news.energyjobline.comOct 31, 2026After 136 past bullish geopolitics events, Natural Gas moved a median +2.7% over 5 sessions (63% higher; middle half -1.8% to +8.8%), and +4.0% 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.
