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Spot LNG prices have fallen from last year's record high, largely because of warmer-than-expected weather and reduced demand from China's pandemic restrictions. The top LNG buyer nonetheless sees a risk of another price spike this year.
Tight LNG supply and demand swings can lift global gas and energy costs, which feed through to nitrogen fertilizer and processing costs for feed producers. The price outlook is mixed.
bloomberg.comShoko OdaMay 1, 2023After 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.
