Loading…
Spot LNG prices in North Asia rose to $9.75/mmBtu in the week to July 27, the first increase in six weeks, after heat in Japan and South Korea lifted air-conditioning demand. The column notes the market has become more volatile, with a mid-June peak at $11.60 and shifts in China's demand and U.S. LNG exports.
Higher LNG prices raise the energy cost base for Asian power and industry, a modest signal for energy-linked feed costs. The effect on feed grain prices is indirect.
energynow.comJul 30, 2018After 260 past macro events, Natural Gas moved a median +0.4% over 5 sessions (52% higher; middle half -4.5% to +7.3%), and +1.4% over 20.
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.
