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China's top economic planner told northern regional branches to curb hoarding and price collusion in natural gas. The move follows an acute shortage tied to the coal-to-gas heating program, with Hebei warning of 10% to 20% shortfalls.
Price controls may limit spot spikes in China's gas and LNG market, but supply shortages still support global LNG demand and energy costs.
chinaeconomicreview.comDec 5, 2017After 13 past neutral policy events, Natural Gas moved a median -1.3% over 5 sessions (46% higher; middle half -4.9% to +2.7%), and +2.1% 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.
