# China's LNG import surge to cool in winter as high prices bite

> 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.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/45735-china-s-lng-import-surge-to-cool-in-winter-as-high-prices-bite
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker Chinese LNG buying eases demand pressure on global spot gas, which could soften prices heading into winter.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-05-10 | [Analyst: Surging US Gas to Cap European Prices \| Energy Intelligence](https://feedsoft.ai/events/71204-analyst-surging-us-gas-to-cap-european-prices-energy-intelligence.md) | +3.9% | -4.7% |
| NATGAS | 2019-02-15 | [European LNG influx plays into Gazprom’s hands this winter](https://feedsoft.ai/events/60782-european-lng-influx-plays-into-gazprom-s-hands-this-winter.md) | +5.3% | +10.8% |
| NATGAS | 2020-07-21 | [Weak Demand Forces Buyers To Cancel U.S. LNG Cargoes \| OilPrice.com](https://feedsoft.ai/events/52292-weak-demand-forces-buyers-to-cancel-u-s-lng-cargoes-oilprice-com.md) | +6.9% | +39.1% |
| NATGAS | 2020-03-09 | [Force majeure notices from Chinese LNG buyers: prelude to a renegotiation? - Oxford Institute for Energy Studies](https://feedsoft.ai/events/54318-force-majeure-notices-from-chinese-lng-buyers-prelude-to-a-renegotiation-oxford.md) | +9.8% | -10.1% |
| NATGAS | 2023-10-02 | [US LNG exports slump in September as plant outages pare output \| Reuters](https://feedsoft.ai/events/33805-us-lng-exports-slump-in-september-as-plant-outages-pare-output-reuters.md) | +18.5% | +14.3% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/chinas-lng-import-surge-cool-winter-high-prices-bite-2021-08-25/

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