# Asian gas importers brace for steep winter LNG prices | S&P Global

> Asian LNG importers expect high spot prices this winter, with the Platts JKM for October assessed at $17.46/MMBtu and January futures peaking near $20. Demand growth in China is expected to offset lower buying from Japan, Korea and Taiwan.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: macro · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/45734-asian-gas-importers-brace-for-steep-winter-lng-prices-s-and-p-global
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight Asian LNG supply and strong Chinese demand keep global gas prices elevated, raising power and fertilizer input costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-08-25 | [Why are global gas prices so high?](https://feedsoft.ai/events/40207-why-are-global-gas-prices-so-high.md) | -2.9% | -20.2% |
| NATGAS | 2022-08-26 | [US LNG export terminals stage production push as European gas prices top $100/MMBtu \| S&P Global](https://feedsoft.ai/events/40206-us-lng-export-terminals-stage-production-push-as-european-gas-prices-top-100.md) | -1.1% | -27.9% |
| NATGAS | 2026-10-28 | [European natural gas prices soar: What it means for your winter bills](https://feedsoft.ai/events/625-european-natural-gas-prices-soar-what-it-means-for-your-winter-bills.md) | +0.7% | — |
| NATGAS | 2021-10-01 | [Explainer: What's behind the wild surges in global LNG prices and the risks ahead \| Reuters](https://feedsoft.ai/events/44761-explainer-what-s-behind-the-wild-surges-in-global-lng-prices-and-the-risks.md) | -0.5% | +0.2% |
| NATGAS | 2021-10-19 | [Global gas shortage helps lift prices in United States \| Reuters](https://feedsoft.ai/events/44760-global-gas-shortage-helps-lift-prices-in-united-states-reuters.md) | +16.2% | -2.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/082621-asian-gas-importers-brace-for-steep-winter-lng-prices

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