# JKM hits one-year high on LNG supply disruptions, winter buying

> The JKM spot LNG benchmark for North Asia hit a one-year high on supply disruptions from the U.S., Norway and Nigeria, along with increased winter buying. A typhoon in South Korea also lifted LNG power generation demand. Buyers were responding to forecasts for a cold winter.

- Date: 2020-10-20 · published 2020-10-20T12:00:00.000Z
- Category: logistics · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/7682-jkm-hits-one-year-high-on-lng-supply-disruptions-winter-buying
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Outages in major supply regions combined with firm Asian winter demand tighten the LNG market and push up spot gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-12-11 | [Algeria’s LNG Supply Disruptions Add to Global Market Tightness - Bloomberg](https://feedsoft.ai/events/49818-algeria-s-lng-supply-disruptions-add-to-global-market-tightness-bloomberg.md) | +6.7% | +9.1% |
| NATGAS | 2023-09-01 | [European gas price jumps almost 40% over supply disruption fears](https://feedsoft.ai/events/34747-european-gas-price-jumps-almost-40-over-supply-disruption-fears.md) | -3.6% | +5.3% |
| NATGAS | 2021-02-17 | [Record U.S. winter storm deeply impacts global LNG markets](https://feedsoft.ai/events/48839-record-u-s-winter-storm-deeply-impacts-global-lng-markets.md) | -51.1% | -57.5% |
| NATGAS | 2021-01-12 | [LNG Shipping Rates from U.S. Surge Record on Asia Buying Boom](https://feedsoft.ai/events/49024-lng-shipping-rates-from-u-s-surge-record-on-asia-buying-boom.md) | -4.8% | +12.9% |
| NATGAS | 2023-07-31 | [LNG Charter Rates Rising to $200,000 a Day Ahead of Winter - Bloomberg](https://feedsoft.ai/events/35226-lng-charter-rates-rising-to-200-000-a-day-ahead-of-winter-bloomberg.md) | -1.2% | -3.2% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/102020-jkm-hits-one-year-high-on-lng-supply-disruptions-winter-buying

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