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Spot LNG prices in Northeast Asia fell 20 cents week on week to $31.80 per million Btu for deliveries four to eight weeks ahead. Southwest Europe spot LNG dropped 50 cents to $30.50/MMBtu over the same week.
Lower LNG prices on peace-talk hopes ease pressure on gas-fired fertiliser and energy costs, but the Middle East supply disruption keeps the market tight. Feed buyers see only a modest energy-cost relief.
After 59 past bearish macro events, NATGAS moved a median +1.3% over 5 sessions (58% higher; middle half -5.0% to +5.2%), and -2.0% 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.