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Long-term LNG contracts are shifting away from oil-indexed pricing toward LNG and gas indexes such as JKM, as oil and gas price relationships change. Spot LNG prices have fallen below oil-linked contract prices in some cases, and the European market remains volatile.
Changes in LNG pricing structures affect the cost of gas used for fertilizer and energy, which feeds into input costs for animal feed production.
spglobal.comJan 29, 2024After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% 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.
