# Protracted weakness in spot LNG market will test buyer-seller relationships in 2024 | S&P Global

> Asian spot LNG prices have been below $10/MMBtu since late January and fell under $8 in late February on weak demand and a mild winter. Buyers are gaining leverage over price reviews and delivery terms.

- Date: 2024-03-13 · published 2024-03-13T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/31401-protracted-weakness-in-spot-lng-market-will-test-buyer-seller-relationships-in
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weak LNG spot prices push buyers toward spot cargoes and loosen contract terms, which signals soft global gas demand and lower energy costs.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/031324-protracted-weakness-in-spot-lng-market-will-test-buyer-seller-relationships-in-2024

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