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Asian LNG buyers are pushing to move away from pricing tied to distant gas hubs. The article notes that hub prices swing with local supply and demand, so an unexpected cold snap in Britain can lift NBP-linked contracts and make LNG costlier for buyers in China or South Korea.
Feed buyers see little direct effect, but higher LNG and gas costs in Asia can raise fertilizer and energy input costs over time. The shift in pricing structure could also change how global gas-linked energy costs move.
bloomberg.comSaket Sundria, Dan Murtaugh, Dhwani PandyaMay 28, 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.
