# Prices Give Up Gains in Asia as Demand Eases | Energy Intelligence

> Northeast Asian spot LNG prices fell 55 cents to $6.70/MMBtu on Nov. 2, giving back most of the prior two weeks' gains. Southwest Europe and UK NBP prices also dropped. The moves came as demand eased after a recent rally.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/50352-prices-give-up-gains-in-asia-as-demand-eases-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower Asian and European LNG prices reduce the pull on US LNG exports and weigh on global gas price sentiment. This can ease pressure on US Henry Hub prices.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7db-de4c-a17b-e7dbe75b0000

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