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China is expected to import less LNG this winter than it normally would, as high prices, a slowdown in economic recovery and limited receiving capacity curb buying. Asian spot LNG prices hit record highs earlier this year.
Weaker Chinese LNG buying eases demand pressure on global spot gas, which could soften prices heading into winter.
reuters.comChen AizhuSep 1, 2021After 24 past bearish trade events, Natural Gas moved a median +2.8% over 5 sessions (54% higher; middle half -4.5% to +7.3%), and -1.2% 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.
