Commodity Market Report
LNG short-term trade and price outlook (Q1 2024)
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
TTF prices have continued to tumble in February as mild weather depressed heating demand further. European gas prices remain at the bottom of the coal-to-gas switching range, which has shifted down significantly with the decline in carbon prices. Asian LNG prices remain around $1/mmbtu premium to European LNG prices, supporting longer routes on efficient ships at the margin. The disconnect between spot LNG prices and oil-indexed contract prices has widened significantly this month and could trigger some contractual reshuffling for the summer, where flexibility allows.
Table of contents
- Prices soften further as shoulder season demand struggles to emerge
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Insight
US reciprocal tariffs pose downside risks to global economic outlook
Economic slowdown in the short term and a restructure of global trade and supply chains eventually.
$1,150
Insight
Global economic outlook Q1 2025: can momentum trump uncertainty?
The global economy has good momentum, but a tariff war looms.
$1,150
Insight
IZA San Diego – news, views and the Wood Mackenzie zinc market outlook
IZA 2025: commentary on the main topics of discussion, the Wood Mackenzie market outlook and conference presentation
$1,050
