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Asian spot LNG prices slipped in the week to October 5, with the November delivery estimate at $5.55/mmBtu, down from $5.75. Many Chinese and regional buyers were absent during the Golden Week holiday, and supply continues to rise.
Thin demand from China and rising supply keep LNG prices near multi-year seasonal lows, which weighs on gas-fired energy costs across Asia.
arabnews.comReutersOct 5, 2019Not enough comparable past events yet for a historical read.
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.
