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Spot LNG cargoes have become more attractive to Asian buyers because weak fundamentals have pushed spot prices lower. Buyers remain tied to rigid term contracts that limit their ability to switch to spot supply.
A widening discount to oil-linked term prices can shift Asian LNG demand toward spot cargoes, pressuring spot gas prices. Lower gas prices reduce power and fertilizer input costs.
energyintel.comApr 9, 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.
