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Qatar has nearly sold out its winter LNG supply after committing spare output to China and South Korea. Asian spot prices have already risen 55 percent since September.
Tighter uncommitted supply during peak winter demand raises the risk of further gas price gains in Asia and Europe. Higher gas costs also feed into nitrogen fertilizer and energy costs for feed producers.
reuters.comOleg VukmanovicNov 15, 2017After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% 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.
