# World’s Top LNG Buyer Sees Risk of Another Price Spike This Year

> 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.

- Date: 2023-05-01 · published 2023-05-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/36590-world-s-top-lng-buyer-sees-risk-of-another-price-spike-this-year
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-12-08 | [Nitrogen prices remain volatile but less extreme \| The Western Producer](https://feedsoft.ai/events/38532-nitrogen-prices-remain-volatile-but-less-extreme-the-western-producer.md) | +27.9% | -29.6% |
| NATGAS | 2024-09-20 | [What’s next for the global gas and LNG market?](https://feedsoft.ai/events/28495-what-s-next-for-the-global-gas-and-lng-market.md) | +13.9% | -1.1% |
| NATGAS | 2020-07-30 | [Analysis: First Chinese gas contracts linked to international LNG prices signal oil-gas decoupling continues \| S&P Global](https://feedsoft.ai/events/52294-analysis-first-chinese-gas-contracts-linked-to-international-lng-prices-signal.md) | +22.0% | +37.5% |
| NATGAS | 2021-03-05 | [LNG, seasonality, and natural gas price volatility - Enkon Energy Advisors](https://feedsoft.ai/events/48290-lng-seasonality-and-natural-gas-price-volatility-enkon-energy-advisors.md) | -3.0% | -6.8% |
| NATGAS | 2024-03-28 | [US gas prices to be increasingly linked to international markets through LNG](https://feedsoft.ai/events/31397-us-gas-prices-to-be-increasingly-linked-to-international-markets-through-lng.md) | +13.4% | -1.3% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-04-30/world-s-top-lng-buyer-sees-risk-of-another-price-spike-this-year

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