# Arab News | Asian prices slip as China stays away amid lackluster demand

> 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.

- Date: 2019-10-05 · published 2019-10-05T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/56754-arab-news-asian-prices-slip-as-china-stays-away-amid-lackluster-demand
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Thin demand from China and rising supply keep LNG prices near multi-year seasonal lows, which weighs on gas-fired energy costs across Asia.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- arabnews.com: https://www.arabnews.com/business/asian-prices-slip-as-china-stays-away-amid-lackluster-demand-1564666

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