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Wood Mackenzie's Q2 LNG outlook says fears of an oversupplied market are easing as demand, particularly from China, absorbs the 2017 supply increase. It forecasts Europe importing 35 bcm more LNG in 2019, a 50% rise over 2018.
The consultancy expects prices to remain relatively sustained through the coming winters.
Sustained LNG prices and tighter European demand keep energy costs elevated for importing regions and can influence fuel and fertilizer costs for feed producers. The effect on grain and meal prices is indirect.
energi.mediaMarkham HislopJun 7, 2018Not 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.
