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Spot LNG prices in Asia are rising as China imports more gas to replace coal-fired power and fight air pollution. Reports say spot prices have doubled in six months.
Sustained Chinese LNG demand tightens global gas supply and lifts energy costs for Asian industry, which supports natural gas prices.
asia.nikkei.comTAKESHI KUMON, Nikkei staff writerFeb 4, 2018After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.
