Wood Mackenzie says China was the second-largest buyer of US LNG in the 12 months to June 2018, but Chinese purchases have fallen as the trade dispute escalated. China's retaliatory tariff on US LNG is 10%, lower than the 25% first proposed in August.
Winter cargo purchases are largely complete, so the short-term market impact is seen as limited.
Lost Chinese demand for US LNG could weigh on US export economics and new project contracting. Chinese buyers may pay a premium of up to 10% for non-US supply if they still need spot cargoes.
Na 24 eerdere neerwaarts handel-gebeurtenissen bewoog Aardgas zich mediaan +2,8% over 5 sessies (54% hoger; middelste helft -4,5% tot +7,3%), en -1,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.