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Low-priced domestic natural gas is discouraging Chinese buyers from purchasing LNG as winter approaches. The national average LNG price was reported at the equivalent of $21.97 per million British thermal units on Monday.
Reduced Chinese demand for imported LNG could leave more cargoes available to other buyers and weigh on spot LNG prices.
bloomberg.comBloomberg NewsNov 9, 2026After 24 past bearish trade events, Natural Gas moved a median +2.8% over 5 sessions (54% higher; middle half -4.5% to +7.3%), and -1.2% 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.
