# Asian Prices Drop on Post-Summer Demand, Europe Holds Steady | Energy Intelligence

> Spot LNG in Northeast Asia fell 10 cents to $6.15/MMBtu for delivery four to eight weeks ahead, as healthy supply met slowing summer demand. Southwest Europe spot held at $5.30/MMBtu, while the UK NBP day-ahead price rose 21 cents to $5.66/MMBtu. Mideast seller netbacks into Asia were more than 80 cents above those in Europe.

- Date: 2017-08-23 · published 2017-08-23T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/69633-asian-prices-drop-on-post-summer-demand-europe-holds-steady-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Ample LNG supply and softening Asian demand weigh on global gas benchmarks, which indirectly pressures US natural gas export economics.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d2-de4c-a17b-e7d2a30f0000

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.