# Global LNG - Asia prices weighed by additional spot supply | Gas Processing & LNG

> Asian spot LNG prices fell this week as additional spot cargoes flooded the market. Northeast Asian January delivery was estimated near $5.70/mmBtu, down 20 cents, and mild winter weather limited demand growth.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/56245-global-lng-asia-prices-weighed-by-additional-spot-supply-gas-processing-and-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A supply glut and mild demand point to continued weakness in global gas prices, with little direct effect on grain or feed markets.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- gasprocessingnews.com: https://www.gasprocessingnews.com/news/2019/11/global-lng-asia-prices-weighed-by-additional-spot-supply/

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