# Global gas market rebalancing | Global LNG Hub

> Global LNG Hub says global gas markets are shifting from acute oversupply in Q1 and Q2 to a more balanced state in Q3 and Q4 2020. TTF forward prices have risen sharply over the last three months and are now testing the coal-to-gas switching range. The author expects coal switching and US LNG shut-in dynamics to become the main price drivers.

- Date: 2020-11-23 · published 2020-11-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50349-global-gas-market-rebalancing-global-lng-hub
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A tightening global gas market supports higher European and Asian LNG prices, which in turn keeps US LNG export demand strong. This supports US Henry Hub prices and the cost of gas-based nitrogen fertilizer.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- globallnghub.com: https://globallnghub.com/global-gas-market-rebalancing/

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