
China’s average trucked LNG price fell to $21.97/MMBtu, about $9.70 below JKM futures, after some liquefaction plants cut offers. State energy firms are finishing winter stockpiling, and weaker spot buying could leave more flexible LNG cargoes available to Europe and other Asian buyers.
Lower domestic prices make imported spot LNG less attractive to Chinese buyers, easing competition for cargoes and potentially reducing pressure on global LNG prices.
After 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.