Commodity Market Report
Global short-term LNG demand tracker (Q2 2023)
Report summary
Southeast Asian demand growth remains sluggish due to higher-than-average gas stock levels and mild weather. However, emerging economies in South Asia and Southeast Asia have shown price elastic demand. India, Bangladesh, and Thailand have been active in the spot market. Even though Chinese big buyers have stayed shy in responding to prices, mid-tier traders have been active in the market. European gas demand for power may increase marginally since gas prices have become competitive against coal, but non-power - mainly industrial - demand has been non-responsive due to a sluggish macroeconomic outlook. Having said that, the early June weather forecast in Asia, particularly China and Japan, shows more than average temperatures and can push power demand in the Atlantic.
Table of contents
- Market prices hit a 2-year low, desperately seeking some tangible demand response
- Related reports
Tables and charts
This report includes 2 images and tables including:
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global short-term LNG demand tracker (Q3 2023)
Global LNG demand to stay muted before winter withdrawals due to higher than the seaonal inventories in key markets.
$2,650
Commodity Market Report
LNG short-term analytics: Demand tracker
Frequently updated short-term LNG demand forecasts (by regas terminal)
$4,000
Insight
Global short-term LNG supply tracker (Q2 2023)
Quarterly update of short-term LNG supply dynamics by country
$1,050
