# Higher Asian prices, European gas stocks trigger LNG flow reshuffle - Business - DAWN.COM

> Asian spot LNG prices rose slightly in the week, with August delivery to northeast Asia estimated at $4.80/mmBtu and some deals near $5.00. European front-month gas on the Dutch hub fell below $3.20/mmBtu. The price spread prompted interest in redirecting Atlantic cargoes, including Yamal transhipments and a Cameron cargo sent to France.

- Date: 2019-06-29 · published 2019-06-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58775-higher-asian-prices-european-gas-stocks-trigger-lng-flow-reshuffle-business
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A widening Asia-Europe spread pulls LNG cargoes east, tightening supply in Europe and supporting Asian gas prices. This is an energy-market story with little direct bearing on feed ingredient prices.

## Read by commodity

- WTI: neutral

## Sources

- dawn.com: https://www.dawn.com/news/1491066

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