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Europe continues to take large volumes of LNG, and the global fleet of LNG carriers is tight. Charter rates are expected to rise sharply heading into winter as shipyards work to meet demand for new tankers.
A shortage of LNG tankers limits how much gas can reach importers, which supports gas prices and energy costs for feed and fertilizer producers. The effect runs through energy markets rather than grain freight directly.
spglobal.comSep 7, 2022After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% 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.
