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Asian spot LNG prices reached their highest since mid-February, with October delivery up to $6.40 per mmBtu. Buyers are positioning for winter demand, and Hurricane Harvey loading delays at Sabine Pass added support.
Early winter buying and supply disruptions are lifting Asian gas prices, which tends to pull more flexible LNG cargoes toward Asia and supports global gas prices.
zeebiz.comSep 8, 2017Not 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.
